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Australia retail sales dropped -4.4% in Dec, up 8.2% in Q4

Started by PocketOption, Feb 07, 2022, 06:27 am

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Australia retail sales dropped -4.4% in Dec, up 8.2% in Q4

Australia retail sales dropped -4.4% mom in December to AUD 31.93B. For Q4, sales rose 8.2%, fastest on record. Ben James, Director of Quarterly Economy Wide Statistics, said: “Consumers enthusiastically returned to discretionary spending following the end of Delta related lockdowns in October, and the continued easing of restrictions over the quarter. Well publicised concerns […]


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Source: Australia retail sales dropped -4.4% in Dec, up 8.2% in Q4