Soft sales figures a “reflection of consumer nervousness.”
“Things are continuing to head in the right direction,” says NRA after latest ABS figures.
Latest Australian Bureau of Statistics show spending rise in January, driven by household goods.
Spending figures for retail miss economists’ expectations in March.
February records unexpectedly strong spending, with year on year growth higher than January.
Falling petrol prices and interest rates boost retail spending.
Retail trade figures expected to bounce following disappointing sales over Christmas.
Easter will be “choc-a-block with healthier options” finds IBISWorld.
Affluent Aussies are spending more overseas – but it’s not all going online.
Cash transaction data points to weak September in New Zealand retail spending.