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Australia sees second consecutive quarter of falling retail sales volume amidst rising living costs

Australia sees second consecutive quarter of falling retail sales volume amidst rising living costs
Australia’s retail sales volume declined by -0.6% qoq to AUD 96.17 billion in Q1 2023. Through the year, sales volume only managed to register a modest 0.3% yoy growth in the quarter. ABS’s head of retail statistics, Ben Dorber, noted that this marked the second consecutive quarter of falling retail sales volumes, primarily influenced by […] The post Australia sees second consecutive quarter of falling retail sales volume amidst rising living costs appeared first on Action Forex... Read More
Posted: May 9 2023, 04:45
Author Name: actionforex
Views: 112512

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