Regional consumption trends in the Asia-Pacific remain divergent, according to S&P Global Ratings, which recently said Japan has the weakest consumer outlook.
Australia’s strong consumer trend remains robust, but growth could moderate amid persistent inflation.
China is relatively stable.
Consumption is projected to grow by 4 per cent this year in China and by 2 per cent in Australia.
Australia’s strong consumer trend remains robust, but growth could moderate amid persistent inflation.
China is relatively stable.
Consumption is projected to grow by 4 per cent this year in China and by 2 per cent in Australia.
