Retail spending edges higher
Australian retail spending rose 0.1 per cent in March, official figures show.
Total retail spending was $23.150 billion in March, up from $23.123 billion in February, the Australian Bureau of Statistics said on Wednesday.
Over the March quarter, retail sales rose by 1.2 per cent to $67.519 billion in seasonally adjusted volume terms.
Economists had been forecasting a rise of 0.4 per cent for March and 1.6 per cent gain for the March quarter.
Finance News
Woolworths faces court over $1m pay bungle
Finance News
Spend some time to examine cashback details
Finance News
Apps that help you save on fuel, groceries, time
Finance News
Fridge, pantry audits vital to cut food waste
Finance News
Aussies’ mortgage pain hits unwanted high
Finance News
Jobs market put to test with fresh data due
Finance News