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Free AccessRetail Sales Higher In July
- Sales rose 2.7% in June following a rise of 16.9% in May, the ABS said Tuesday.
- June saw the "continued recovery of industries impacted by trading restrictions in April and early May," said Mr James. "There were large month-on-month rises in cafes, restaurants and takeaway food services (27.9%), and clothing, footwear and personal accessory retailing (20.5%)," an ABS spokesperson said
- Food retailing was lifted by a rise in sales in Victoria at the end of the month. Other retailing rose in June, while there were falls in department stores and household goods retailing.
- Online sales remain elevated, making up 9.7% of total retail sales in June. Online contributed 6.1% in June 2019.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.