What JB Hi-Fi’s result says about Australian consumers’ buying frenzy - Sydney Morning Herald


7/19/2022 12:00:00 AM3 years 7 months ago
by Elizabeth Knight

How to reconcile consumer confidence being so weak that it barely has a pulse with shoppers spending enough to push JB Hi-Fi sales up almost 11 per cent in the past three months.

Depending on which economist is doing the talking, there are another two to three half a percentage point rate increases coming down the pike for the remainder of this calendar year. Based on contin… [+1936 chars]

full article...