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Australia Retail Sales Fall 1.1% On Month In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The total value of retail sales in Australia dropped a seasonally adjusted 1.1 percent on month in September, the Australian Bureau of Statistics said on Wednesday - standing at A$29.157 billion.

That beat forecasts for a decline of 1.5 percent following the 4.0 percent drop in August.

Falls in September month led by household goods retailing (-3.6 percent) and food retailing (-1.5 percent), however both industries continue to trade at elevated levels compared to September 2019.

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