Australia Retail Sales Rise 0.3% In February
The total value of retail sales in Australia was up a seasonally adjusted 0.3 percent on month in February, the Australian Bureau of Statistics said on Friday – coming in at A$35.869 billion.
That was in line with expectations following the 1.1 percent increase in January.
By category, sales were up for clothing (4.2 percent), department stores (2.3 percent) and cafes and restaurants (0.5 percent). Sales were down for food (-0.1 percent), household goods (-0.8 percent) and other retailing (-0.4 percent).
On a yearly basis, retail sales climbed 1.6 percent.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.