Retail sales in Australia were up a seasonally adjusted 0.5 percent on month in May, the Australian Bureau of Statistics said on Wednesday, standing at A$21.307 billion.
That beat forecasts for an increase of 0.2 percent following the upwardly revised 0.1 percent gain in April - which was initially called lower by 0.2 percent.
By individual category, restaurant sales were up 1.0 percent, followed by food retailing and other retailing (both up 0.4 percent), and clothing and department store sales (both up 0.3 percent). Sales of household goods declined 0.1 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
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.
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.