Australian retail sales fall again in Sept: preliminary data

[SYDNEY] Australian retail sales slipped 1.5 per cent in September from the month before, preliminary data showed on Wednesday, with the most populous state of New South Wales leading the falls.

There were declines in turnover in food retailing and household goods last month though both these sectors continue to trade at levels well above September 2019, the data from the Australian Bureau of Statistics (ABS) showed.

The preliminary estimate shows sales during the September quarter rose 6.8 per cent, following a 2.3 per cent fall in the June quarter.

The ABS will release the final estimate on Nov 4.

REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL