The total value of retail sales in Australia was flat in December on a seasonally adjusted basis, the Australian Bureau of Statistics said on Friday, worth A$24.759 billion.
That missed forecasts for an increase of 0.4 percent, which would have been unchanged from the November reading.
For the fourth quarter of 2015, retail sales added 0.6 percent to A$72.062 billion.
That also missed expectations for an increase of 0.9 percent, although it was unchanged from the three months prior.
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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.