Australia New Motor Vehicle Sales Gain 1.2% In June

The total number of new motor vehicle sales in Australia was up a seasonally adjusted 1.2 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 102,275.

That follows the 3.1 percent jump in May.

Sales for passenger vehicles added 0.5 percent, along with sports utility vehicles (1.4 percent) and other vehicles (1.3 percent).

The largest upward movement across all states and territories was in the Northern Territory (2.8 percent),

On a yearly basis, sales advanced 3.6 percent, slowing from 5.3 percent in the previous month.

News are provided by InstaForex