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Author: Scott Gillies, Regional Director, APAC

Australian retailers can be forgiven if they sometimes feel as if they’ve fallen down a rabbit hole to a world where everything is topsy-turvy. While many macro-economic measures – including GDP and unemployment – are relatively robust, retail price wars are vicious and, as Reuters Australia recently reported, are even giving rise to speculation about possible deflation. In fact, as Reuters points out, the recent Australian Consumer Price Index measure of 11 groups of goods and services showed six of them with falling prices in the first quarter of 2016 – including food and clothing.

Published in Price Optimization