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Australia Nov Retail Sales +7.1% M/M

AUSTRALIA DATA
MNI (Singapore)
  • Australia retail sales rose 7.1% m/m in the seasonally adjusted estimate for November 2020.
  • This updates the rise of 7.0% published in the Preliminary Retail Trade release.
  • Australian turnover rose 13.3% compared to November 2019.
  • Food retailing fell 0.3% m/m, while household goods retailing rose 12.7% m/m in November.
  • Clothing, footwear and personal accessory retailing rose 26.7% m/m in November.
  • Department stores increased 21.1% m/m and spending at cafes, restaurants and takeaway food services was up 6.7% m/m in November.

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