Retail sales in Australia were up a seasonally adjusted 0.9 percent on month in March, the Australian Bureau of Statistics said on Monday - coming in at A$21.231 trillion.
That blew away forecasts for an increase of 0.2 percent following the 0.3 percent gain in February.
For the first quarter of 2012, retail sales climbed 1.8 percent on quarter to A$61.886 trillion.
That also beat forecasts for a rise of 0.4 percent, which would have been unchanged.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.