logo
Plus   Neg
Share
Email

Australia Retail Sales Fall At Slower Pace In September

Australia's retail sales declined at a slower pace in September, preliminary data from the Australian Bureau of Statistics showed on Wednesday.

Retail turnover decreased 1.5 percent month-on-month, following a 4 percent fall a month ago. This was the second consecutive decrease in sales.

There were falls in turnover in food retailing, household goods retailing, and other retailing, in September.

On a yearly basis, retail sales advanced 5.2 percent but weaker than the 7.1 percent increase seen in August. Final data is due on November 4.

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.

Follow RTT