Australia’s retail conditions have improved. Picture: NCA NewsWire/Bianca De Marchi
Australia’s retail conditions have improved. Picture: NCA NewsWire/Bianca De Marchi

Positive sign for Aussie retailers

Australia's retail trading environment has continued its recovery from the coronavirus pandemic, with latest data showing a rise in sales.

Latest figure from the Australian Bureau of Statistics show retail turnover for January improved 0.5 per cent on December figures, with close to $30.5bn spent during the month.

On an annual basis, turnover figures are trading 10.6 per cent above January levels a year ago

Turnover figures have experienced large swings since the beginning of the pandemic, plummeting 17.7 per cent in April last year following mass lockdowns that prevented households from spending.

According to the ABS, Queensland had the largest fall in retail sales, slumping 1.5 per cent on December trade, while Western Australia had the largest monthly increase of 2.1 per cent.

Clothing, footwear and personal accessory retailing suffered the largest falls compared with any other sector.

Food retailing was the best performer, rising 1.6 per cent over the month.

 

Originally published as Positive sign for Aussie retailers



Survivor’s harrowing account of dentist’s sexual assault

Premium Content Survivor’s harrowing account of dentist’s sexual assault

Jebson Herrod jailed for seven years over sadistic assaults

‘Most useless war in history’

Premium Content ‘Most useless war in history’

Ash Birt's mum on the decision to pull troops out of Afghanistan

Exciting new digital future for The Gympie Times

Exciting new digital future for The Gympie Times

For more than 153 years, The Gympie Times has covered this region with passion and...