With the solid bounce in Roy Morgan consumer confidence over the past two weeks, I thought I’d take a look at the BDO fast retail index, which tracks same store sales week-on-week. Here’s the headline index showing an slightly positive ongoing struggle for momentum
Fashion especially appears to be struggling:
Other too:
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But furniture and homewares are riding the bubble to post-Budget recovery:
And so too recreational goods:
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You might describe that a positive a non-discretionary rebound.