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Financial News: Australia Retail Sales Rise 0.6% In September

Australia Retail Sales Rise 0.6% In September

10/30/2022 - 20:51:00 (RTTNews)

(RTTNews) - The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at A$35.096 billion.

That was in line with expectations and unchanged from the previous month's reading.

Individually, sales were up for food, clothing, cafes and other, while they were down for household goods and department stores.

By territory, sales were up everywhere except South Australia - down 0.2 percent.

On a yearly basis, retail sales were up 17.9 percent.

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