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An austere Christmas is on the cards – but don't say recession

  • Written by The Conversation

The rapid increase in interest rates over the past year and a half is causing many consumers to feel less than joyous this festive season.

Spending in the lead up to Christmas is likely to remain subdued, with consumers more budget conscious than in previous years. The muted outlook for consumption has got some economists and media outlets...

Read more: An austere Christmas is on the cards – but don't say recession

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