Understanding the Australian economy through the lens of underwear and lipstick sales
Published on December 11th, 2023 12:04PM by Christopher McNaughton
In an intriguing development, recent trends in Australia’s retail sector—namely, a decline in men’s underwear sales and an uptick in lipstick sales—are offering nuanced insights into the state of the national economy. These unconventional economic indicators, while seemingly trivial at first glance, are proving to be revealing barometers of broader economic trends and consumer sentiment. […]