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Financial News: Australia Retail Sales Add 0.1% On Month In

Australia Retail Sales Add 0.1% On Month In January

03/06/2019 - 19:54:00 (RTTNews)

(RTTNews) - The total value of retail sales in Australia was up a seasonally adjusted 0.1 percent on month in January, the Australian Bureau of Statistics said on Thursday - coming in at A$27.018 billion.

That was shy of expectations for a gain of 0.3 percent following the 0.4 percent decline in December.

Individually, there were gains in food retailing (0.3 percent), cafes, restaurants and takeaway food services (0.2 percent), and clothing, footwear and personal accessories retailing (0.1 percent).

Other retailing (0.0 percent) was relatively unchanged, while household goods retailing (-0.2 percent), and department stores (-0.4 percent) fell in January.

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