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Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

CN
CitrixNews Staff
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Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest

For many coffee drinkers, takeaway orders are changing from a habitual purchase to an occasional treat, as elevated petrol prices and other living costs leave households feeling glum.

This rapid shift in behaviour has disappointed cafe owners and surprised economists, raising an uneasy question: if takeaway coffee sales are falling, is the economy next?

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Originally reported by The Guardian