Australia Consumer & Retail Report Q3 2018
Australia's consumer outlook will remain muted in 2018, stemming from poor economic growth due to the weakeningof the mining sector, an elevated housing market and softer external demand from China. However, we expect a boost in consumerspending as unemployment levels fall over our 2018-2022 forecast period. Meanwhile, market sentiment is improving, with retailsales picking up in line with rising consumer confidence.
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