Retail sales disappoint, yields drop sharply

03 November 2017

 

Australians may be starting to care less about their appearances if the latest retail sales figures are anything to go on. During September, spending on recreational goods, toiletries, cosmetics and clothing was lower than in August. These categories experienced the single largest fall of the various retail categories. Total retail sales (seasonally adjusted) remained unchanged after rounding in September, after falling by 0.5% (revised up from -0.6%) in August. On...

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