New vehicle sales in Australia increased 3.6 percent month-on-month in August, the Australian Bureau of Statistics said Monday.
A total of 93, 379 units were sold during the month according to data adjusted for seasonal variations. This followed a 1.1 percent decline in July, revised from previously reported 0.8 percent drop.
New vehicle sales rose 6.4 percent compared to August last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.