Australia Retail Sales Gain 0.4 Percent … RTT
Australia Retail Sales Gain 0.4 Percent In May
Retail sales in Australia were up a seasonally adjusted 0.4 percent on month in May, the Australian Bureau of Statistics said on Wednesday – coming in at A$26.673 billion.
That exceeded expectations for an increase of 0.3 percent following the upwardly revised 0.5 percent gain in April (originally 0.4 percent).
By category, sales were up in food retailing (0.4 percent), household goods retailing (0.2 percent), department stores (0.5 percent), other retailing (0.2 percent), and clothing, footwear and personal accessory
retailing (0.1 percent).
Cafes, restaurants and takeaway food services (0.0 percent) were relatively unchanged.
by RTTNews Staff Writer