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The Bear Room, page-1779

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stonks92

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29/05/24

11:52

Post #: 74061221
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Originally posted by Tekvest: ↑

The cost-of-living crisis is seeing retailers have near-constant sales, and experts say it's a warning sign for the economy
'Subdued sales' or 'retail recession'?
Data released by the Australian Bureau of Statistics on Tuesday showed that retail sales have continued to flatline since the start of the year.
After declining by 0.4 per cent in March, retail trade figures showed spending rose by just 0.1 per cent in April — a sign that people are holding off on making non-essential purchases as cost of living pressures continue to squeeze households.
Collectively, Australians spent $19.5 million less on clothing, footwear and personal accessories in April. Compared to March, spending in this category declined by 0.7 per cent.
Spending on household goods increased by $37.7 million, or 0.7 per cent in April, and retail spending across the country is 1.3 per cent higher than it was a year ago, albeit driven by a population that's around 2.5 per cent larger.

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IMO I would be getting out of ZIP ASAP before the masses realise. Gonna get very red IMO

ZIP Price at posting: $1.22 Sentiment: None Disclosure: Not Held
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1 Great analysis

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Last $2.90		Change 0.180(6.62%)		Mkt cap ! $3.753B

Open	High	Low	Value	Volume
$2.76	$2.92	$2.75	$45.64M	15.95M

Buyers (Bids)

No.	Vol.	Price($)
47	224692	$2.89

Sellers (Offers)

Price($)	Vol.	No.
$2.90	204209	43

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No.	Vol.	Price($)
51	225450	2.890
21	94322	2.880
20	271602	2.870
19	244173	2.860
31	261722	2.850

Price($)	Vol.	No.
2.900	209471	52
2.910	397952	34
2.920	612744	43
2.930	241701	22
2.940	217170	17

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