Home Economy Australia Retail Sales Up 0.6% In September

Australia Retail Sales Up 0.6% In September

by RTTNews Staff Writer

The total value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Friday – coming in at A$35.096 billion.

That was in line with expectations and unchanged from the August reading.

By region, sales were up in every territory except South Australia.

On a yearly basis, retail sales jumped 17.9 percent.

For the third quarter of 2022, the value of retail sales rose a seasonally adjusted 0.2 percent on quarter and 10.0 percent on year to A$97.148 billion.

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