Sluggish January retail sales following December slump

The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained sluggish but were an improvement on the December 2017 slump.  The ABS figures show that retail turnover rose by 0.1 per cent seasonally adjusted in January, following a drop of 0.5 per cent in December last […]

Aussie shoppers splurge record $47.5 billion during Christmas, according to ABS

December 2017 retail sales data released today by the Australian Bureau of Statistics (ABS) has revealed that Australians splurged a record $47.5 billion during the 2017 Christmas period. The figures closely align with the pre-Christmas forecasts made by peak retail industry body the National Retail Association (NRA), who predicted $48 billion in sales over Christmas. […]