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
    0.7022+0.0007+0.09%
    AUDUSD=X
    0.4592+0.0009+0.20%
    AUDGBP=X
    0.6245+0.0043+0.69%
    AUDEUR=X