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Premiumisation is predicted to be a key megatrend through to 2030 and is impacting nearly every business sector from telco, FMCG and financial services to utilities, travel and automotive to retail – even supermarkets.
Over four million Australians are planning a trip away this Easter with $7.1 billion to be spent on holidays, while around $1.5 billion will be splurged on food and chocolate, in a major boon for tourism operators and retail businesses.
ANZ-Roy Morgan New Zealand Consumer Confidence down 0.6pt to 97.7 in January
Australia’s largest peak body for retail, the Australian Retailers Association (ARA), and strategic partner Roy Morgan are predicting this year’s pre-Christmas spending will broadly match last year’s high and be significantly above 2019 pre-pandemic spending.
Inflation Expectations Index long-term trend – Expected Annual Inflation in next 2 years Source: Roy Morgan Single Source: Interviewing an average of 4,500 Australians aged 14+ per month (April 2010 – April 2021). See below for a comprehensive list of RBA interest rate changes during the time-period charted above. Roy Morgan CEO Michele Levine says Inflation Expectations moderated in April, down slightly to 3.7%, but are far higher for unemployed (4.5%) and under-employed (4.4%) Australians: “Inflation Expectations have stabilised at an average of 3.7% so far during 2021, an increase of...