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    08.01.2016 14:48 Retail sales in Australia climb 0.4% in November

    The Australian Bureau of Statistics released its retail sales data on Friday. Retail sales in Australia rose 0.4% in November, in line with expectations, after a 0.6% gain in October. October's figure was revised up from a 0.5% increase.

     

    The increase was mainly driven by higher household goods sales and department stores sales. Household goods sales were up 0.6% in November, while department stores sales increased 0.6%.

     

    On a yearly basis, retail sales climbed 4.3% in November, after a 3.9% rise in October.


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