Boxing Day shoppers predicted to have spent $1.25b

Boxing Day shoppers are predicted to have spent a total of $1.25 billion.

That’s despite retail sales remaining fairly sluggish throughout 2023.

The ongoing cost of living crisis is the main reason retail sales have remained lower than usual throughout the year.

Consumers are also expected to spend nearly $24 billion throughout the entire sales period until January 15.

This marks an increase of 1.6 per cent compared to last year.

(SKY NEWS)

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