Consumer spending during Christmas sales expected to be more subdued this year
Shoppers are seen through Christmas lights as they with shop inside of a mall on Christmas Eve in Sydney, Tuesday, December 24, 2019. (AAP Image/Steven Saphore) NO ARCHIVING Source: AAP / STEVEN SAPHORE/AAPIMAGE
Australian retailers are expecting more subdued Christmas sales activity this year. Multiple interest rate rises over the past year and cost-of-living pressures have reduced the budgets for gift buying. Listen to this SBS Sinhala explainer for more information.
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