• Retail sales in Australia rise 0.2% in April

Market news

2 June 2016

Retail sales in Australia rise 0.2% in April

The Australian Bureau of Statistics released its retail sales data on Thursday. Retail sales in Australia rose 0.2% in April, missing expectations for a 0.3% rise, after a 0.4% increase in March.

Sales in cafes, restaurants and takeaway food services climbed 1.0% in April, sales in household goods retailing were up 0.3%, and clothing, footwear and personal accessory retailing sales rose 0.5%, while department stores sales increased 0.4%.

On a yearly basis, retail sales climbed 3.6% in April, after a 3.6% rise in March.

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