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19-03-21, 07:22 #11Veteran Member Just starting here
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AUSTRALIA RETAIL SALES SINK 1.1% IN FEBRUARY
The total value of retail sales in Australia was down a seasonally adjusted 1.1 percent on month in February, the Australian Bureau of Statistics said on Friday - coming in at A$30.192 billion.
That missed expectations for an increase of 0.4 percent following the 0.3 percent gain in January.
By industry, food retailing led the falls, down 3 percent. All states and territories saw a fall in Food retailing, although the industry remains 6.5 percent above the levels of February 2020.
On a yearly basis, retail sales were up 8.7 percent.
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