Are Australians going shoppping?
Australian retail sales volumes rose 0.9 per cent to another record level of $33.92bn in April 2022, according to figures released today by the Australian Bureau of Statistics (ABS).
This follows a 1.6 per cent increase in March 2022 and a 1.8 per cent rise in February 2022. Compared to April 2021, the retail sales in April 2022 are up by 9.6%.
In April, cafes, restaurants and takeaway food services had the largest rise of 3.3 per cent, followed by clothing, footwear and personal accessory retailing up 3.1 per cent.
Western Australia had the largest rise in retail sales in April, increasing 2.2 per cent while New South Wales was the only state to report a decline of 0.3 per cent.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this
48% of businesses say they will not raise prices, primarily due to the desire to...read more
Of the smaller cryptos, these ones were the movers. Mirrored iShares Gold Trust rose 353.48%...read more
Of the middle-sized cryptos, these ones were the movers. Metacraft rose 66.39% to US$1.31, closing...read more