I think you misunderstand what I meant - disinflation is a reduction in the rate of inflation ( it is not deflation) - it is just less rapid/fast inflation than the pcp.
That’s what I meant.
My wife works in retail and I don’t think her award wages are going up like the 5% she received last year. Could be wrong. Also interest rates haven’t increased this FY as much as they did last FY, so less cost passing onto tenants from landlords I would imagine, could be wrong though.
The thing is as it gets harder for retail tenants, and consumer demand decreases there will be less demand by these tenants to rent the retail shops if they know they can’t make as much money - so that elasticity should balance supply/ demand between landlord and retail tenants shop spaces rent cost
I have no idea what consumer spend/ budget is going to be, have we seen the worse already? Is there worse to come?
Honestly do not know that part, let’s wait and find out
DSK Price at posting:
97.5¢ Sentiment: None Disclosure: Held
