Economic Buzz: Australia Retail Sales Up 0.6% On Month In August

28 Sep 2022 , 11:11 AM

The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in August, the Australian Bureau of Statistics said on Wednesday – coming in at A$34.881 billion. Individually, food (1.1 percent), household goods (2.6 percent), department stores (2.8 percent and cafes and restaurants (1.3 percent) all saw increases, while clothing (-2.3 percent) and other (-2.5 percent) were down. On a yearly basis, retail sales were up 19.2 percent.Powered by Commodity Insights