New vehicle sales in Australia increased in May after a modest decline in the previous month, data from the Australian Bureau of Statistics showed Monday.
The number of vehicles sold in May was 91,994, which was 2.4 percent higher than a month earlier. This followed a 1 percent decline in April.
Year-on-year, new vehicle sales rose 21.5 percent after a 19 percent drop in April.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Economic News