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AAP
AAP
Business
Kat Wong

UNBELIEVABLE: Retailers under attack from weak demand rising costs - Caught on Camera

David Rumbens Middle East United States Australia Deloitte Access Economics
The impacts of the US-Israeli-led war in the Middle East are flowing through the Australian economy. (Joel Carrett/AAP PHOTOS)

Australian businesses are under fire from both sides as conflict in the Middle East drives up prices and weakens demand.

After first lighting a fire under fuel costs, the impacts of the US-Israeli-led war in the Middle East have begun flowing through the rest of the Australian economy, adding to price pressures, the most recent Deloitte Access Economics Retail Forecast found.

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