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    05.02.2016 13:25 Retail sales in Australia are flat in December

    The Australian Bureau of Statistics released its retail sales data on Friday. Retail sales in Australia were flat in December, missing expectations for a 0.5% rise, after a 0.4% gain in November.

     

    Household goods sales were up 0.4% in December, department stores sales increased 0.4%, and food sales rose 0.4%, while clothing, footwear and personal accessory sales climbed 0.4%.

     

    On a yearly basis, retail sales climbed 4.2% in December, after a 4.3% rise in November.


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