empty
 
 

2021.01.2123:49:00UTC+00Australia Retail Sales Sink 4.2% In December

The total value of retail sales in Australia were down a seasonally adjusted 4.2 percent on month in December, the Australian Bureau of Statistics said on Friday - coming in at A$30.324 billion.

That missed expectations for a decline of 2.5 percent following the 7.1 percent jump in November.

Following the November rise, all industries except for Cafes, restaurants and takeaway food services fell.

Household goods retailing led the falls (-9%), following the Black Friday sales, and new product releases, that boosted turnover in November.

Similarly, Other retailing, Department stores, and Clothing, footwear and personal accessory retailing, saw falls after reporting large rises in November.

Food retailing fell 2%, with sales across the Food industry down in Victoria and New South Wales in line with restrictions on Christmas gatherings.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback