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Australia Oct Retail Sales +1.4% M/M

AUSTRALIA DATA
MNI (Singapore)
  • Australia retail sales rose 1.4% m/m in October, updating the rise of 1.6% published in the Preliminary Retail Trade release.
  • Retail sales have improved 7.1% y/y.
  • Food retailing fell 0.1% m/m in seasonally adjusted terms in October.
  • Household goods retailing fell 1.0% m/m in seasonally adjusted terms in October.
  • Clothing, footwear and personal accessory retailing rose 6.8% m/m in seasonally adjusted terms in October.
  • Department stores rose 4.5% m/m in seasonally adjusted terms in October.

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