Australian shoppers are yet to reach the point where higher price tags will cause them to stop buying. Across stylish footwear, wine and electronic appliances, prices have jumped as inflation climbs but both in-store and online checkouts are still busy.
It’s discretionary spending where any pinch points are being closely watched but the level where consumers say enough is enough and hold off on a purchase appears not to have been reached.
Loading...
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
