FOREX TradingCharts.com

Financial News: Australia Retail Sales Surge 7.0% In November

Australia Retail Sales Surge 7.0% In November

12/21/2020 - 19:40:00 (RTTNews)

(RTTNews) - The total value of retail sales in Australia spiked a seasonally adjusted 7.0 percent on month in November, the Australian Bureau of Statistics said on Tuesday - coming in at A$31.623 billion.

That blew away expectations for a decline of 0.6 percent following the 1.4 percent increase in October.

By industry, Household goods led the rises (13 percent), impacted by a full month of trade in Victorian stores, a successful Black Friday sales period, and new product releases in the Electrical and electronic goods subgroup.

Monthly rises were also significant in Clothing, footwear and personal accessory retailing, Department stores, Other retailing, and Cafes, restaurants and takeaway food services.

On a yearly basis, retail sales jumped 13.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Business Inventories Increase In Line With Estimates In November (02 hr(s), 47 min(s), 49 sec(s) ago)
(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the mon ...Full Story»

Bank Of Italy Sees 3.5% GDP Growth This Year (03 hr(s), 02 min(s), 49 sec(s) ago)
(RTTNews) - The Italian economy is set to expand this year and next, but will return to pre-pandem ...Full Story»

UK Economy To Log Negative Growth In Q1: NIESR (03 hr(s), 13 min(s), 49 sec(s) ago)
(RTTNews) - The UK economy is set to log negative growth in the first three months of this year, ...Full Story»

U.S. Consumer Sentiment Dips More Than Expected In January (03 hr(s), 20 min(s), 49 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed a modest dete ...Full Story»

U.S. Industrial Production Jumps Much More Than Expected In December (03 hr(s), 37 min(s), 49 sec(s) ago)
(RTTNews) - The Federal Reserve released a report on Friday showing U.S. industrial production jum ...Full Story»

New York Manufacturing Index Unexpectedly Indicates Slower Growth In January (03 hr(s), 59 min(s), 49 sec(s) ago)
(RTTNews) - Activity in the New York manufacturing sector unexpectedly grew at a slower pace in th ...Full Story»

U.S. Producer Prices Rise Slightly Less Than Expected In December (04 hr(s), 07 min(s), 49 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Friday showed U.S. producer prices increa ...Full Story»

U.S. Retail Sales Continue To Slump Amid Spike In Coronavirus Cases (04 hr(s), 20 min(s), 49 sec(s) ago)
(RTTNews) - Retail sales in the U.S. continued to decline in the month of December, according to a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Increase In Line With Estimates In November

01/15/2021 - 10:45 AM (RTTNews)
(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the mon ...Full Story>>

Bank Of Italy Sees 3.5% GDP Growth This Year

01/15/2021 - 10:30 AM (RTTNews)
(RTTNews) - The Italian economy is set to expand this year and next, but will return to pre-pandem ...Full Story>>

UK Economy To Log Negative Growth In Q1: NIESR

01/15/2021 - 10:19 AM (RTTNews)
(RTTNews) - The UK economy is set to log negative growth in the first three months of this year, ...Full Story>>

U.S. Consumer Sentiment Dips More Than Expected In January

01/15/2021 - 10:12 AM (RTTNews)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed a modest dete ...Full Story>>

U.S. Industrial Production Jumps Much More Than Expected In December

01/15/2021 - 09:55 AM (RTTNews)
(RTTNews) - The Federal Reserve released a report on Friday showing U.S. industrial production jum ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.