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Consumer spending may be hit by inflation in 2019

Fitch, in its report, says it does not expect retail sales to improve over the rest of 2018 and into 2019.


REAL private consumption next year is likely to rise by 4 per cent amid real wage growth and a tight labour market, but consumer spending and sentiment may be weighed down by the threats of rising imported inflation.

That's the prediction of a Fitch Solutions Macro...

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