The Guardian Australia
·general
·5 hours ago
Australians dine out less as rising fuel prices hurt consumer confidence
Australians are dining out less amid rising fuel prices and waning consumer confidence, with the Westpac-Melbourne Institute sentiment index showing its steepest decline since the pandemic began. Restaurant owners report customers are opting for cheaper meals, reflecting heightened price sensitivity. Experts warn that financial anxiety is prompting cautious consumption habits as inflation and interest rates escalate.
Summary by Glance · The Guardian Australia
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