"lacklustre demand" is a correct and commonly used phrase in written English.
It refers to a low or underwhelming level of demand for a particular product or service. Example: Despite the company's efforts to promote their new product, sales remained low due to lacklustre demand from consumers.
In contrast, non-food retailers are being squeezed by lacklustre demand and rising costs.
And a recent survey of 1,000 senior IT managers in Europe from IDC, a research firm, reports that the lacklustre demand for tablets will continue.
Critics say he is creating a new bubble in the housing market – a charge the government strongly denies, pointing to lacklustre demand in the regions.
It added: "In the UK, where recovery is weak owing to lacklustre demand, consideration should be given to greater near-term flexibility in the fiscal adjustment path".
Thanks to lacklustre demand, for instance, banks have extended the deadline for ₤9 billion ($18.5 billion) in financing for Kohlberg Kravis Roberts's purchase of Alliance Boots, a British pharmacy chain.
However, there appeared to be lacklustre demand – with the bid-to-cover ratios (the ratio of demand to the amount of debt on the table) showing the Italian Treasury accepted most of the offers.
But domestic and global uncertainty remains high, alongside lacklustre export demand," said the CBI's director of economics, Rain Newton-Smith.
A new pipeline from Canada's oil sands, which opened in February, and unexpectedly large flows of shale oil from North Dakota's Bakken field have coincided with lacklustre oil demand in America.
It sparked a war of words with the Treasury in April when it slashed its growth outlook and said Mr Osborne should consider changing his plans in the light of "lacklustre" private demand.
"Component prices had a temporary pickup in the second quarter due to the unusual restocking activities and that will lead to relatively lacklustre component demand even ahead of the holiday season.
It said about the UK: "Greater near-term flexibility in the path of fiscal adjustment should be considered in the light of lacklustre private demand".
