Retail spending down 0.2% in Dec

Australian retail spending has posted its third consecutive monthly fall, official figures show.

Retail trade fell 0.2 per cent in December to a seasonally adjusted $21.421 billion.

This compares to a downwardly revised $21.472 billion in November, the Australian Bureau of Statistics said on Wednesday.

Economists had been forecasting a rise of 0.3 per cent for December.

Over the December quarter, retail sales rose by 0.1 per cent to $63.749 billion in seasonally adjusted volume terms.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7373-0.0092-1.23%
    AUDUSD=X
    0.5098-0.0057-1.10%
    AUDGBP=X
    0.6463-0.0084-1.28%
    AUDEUR=X