Economic Buzz: Australia Retail Sales Down 4.4% On Month In December

7 Feb 2022 , 08:36 AM

Australia value of retail sales was down a seasonally adjusted 4.4 percent on month in December, the Australian Bureau of Statistics said on Monday, coming in at A$31.926 billion. That follows the 7.3 percent spike in November. On a yearly basis, retail sales were up 4.8 percent in December. For the fourth quarter of 2021, retail sales were up 8.2 percent on quarter and 3.6 percent on year at A$92.327 billion.

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