Chanticleer
What we learnt: Profits show no slowdown for booze, drugs and meat
Right across the globe it appears consumers are swallowing higher prices and shrugging off rising interest rates - for now.
Treasury Wine Estates chief executive Tim Ford is watching the market like a hawk – sweating on sales numbers, poring over reports from banks and economists and sticking close to retailers.
But so far, he’s not seeing any signs that consumers are cracking under the weight of surging inflation and higher interest rates. In fact, he’s in the soft landing camp.
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