Aussie retailers in for more pain as high interest rates squeeze spending - Citi

Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more.

Related Keywords

Australia ,Bengaluru ,Karnataka ,India ,Australian ,Sameer Manekar ,Savio Dsouza ,Adrian Lemme ,James Wang ,Citigroup ,Reuters ,Coles Group ,Thomson Reuters Trust Principles ,Domino Pizza Enterprises ,Premier Investments ,Super Retail ,Harvey Norman ,Pizza Enterprises ,Thomson Reuters Trust ,Mtgfx ,Papret ,Apret1 ,Bact ,Biz ,Ccos ,Cen ,Cmpny ,Cycs ,Cycs08 ,Dept ,Dept1 ,Deptg ,Eco ,Tents ,Fdrt ,Fobe ,Fod ,Fodpr ,Fotb ,Fstfod ,Shot ,Hint ,Mce ,Ncyc ,Publ ,Arch ,Pres ,Resbr ,Resf ,Bret ,Rete ,Rete1 ,Madrets ,Rfod ,Rfod1 ,Rgen ,Shop ,Shopal ,Spcret ,Disposto ,Stx ,Superm ,Au ,Aunz ,Asia ,Econ ,Topnws ,