December sales retreat after November splurge

06 February 2018

 

After going crazy in November, Australians appear to have put away their purses and wallets, according to the latest retail sales figures for December. While five out of the six sales categories fell, lower expenditures on household goods, the category which includes electronic goods such as iPhone X, accounted for almost all of the overall fall in total retail sales during the month. Increased sales of food was largely offset...

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