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Australian Retail Sales Grew 0.4% in November


Friday, 8 January 2016 07:51 WIB

AustraliaEkonomi Australia


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Australian retail sales have met expectations in November, rising 0.4%.

October’s increase, initially reported as 0.5%, was also revised up to 0.6%.

According to the ABS, increases were recorded across household goods retailing (0.9%), cafes, restaurants and takeaway food services (1.0%), food retailing (0.2%), clothing, footwear and personal accessory retailing 0.8%) and other retailing (0.4%). The only category to record a fall was department stores which saw sales contract 0.8%.

All states and territories saw sales increase with the ACT, at 0.9%, recording the quickest growth over the month. Victoria and New South Wales, the most populous states, recorded increases of 0.5% and 0.2% respectively.

Source: BusinessInsider


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