New data from the City of Melbourne shows that while foot traffic is still slightly down on pre-pandemic levels, people are spending more than they did before COVID-19.
People spent $31.68 million on average each weekday in December 2022, with Thursdays and Fridays doing the heavy lifting. This was up from $30 million, when adjusted for inflation, during the same period in 2019.
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Gus McCubbing is a markets reporter in the Melbourne newsroom. He was previously the Australian Financial Review’s Victorian political correspondent. Connect with Gus on Twitter. Email Gus at gus.mccubbing@afr.com
