SA retail spending falls

Retail spending fell in South Australia in April, with national figures showing SA was the only state to record a drop.

Jun 04, 2018, updated Jun 04, 2018

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Australian Bureau of Statistics data released today shows Australian retail turnover rose 0.4 per cent in April 2018 (seasonally adjusted estimate), following a flat result in March.

All states and territories recorded an increase in April, apart from South Australia which recorded a fall of 0.6 per cent.

Nationally, the increase was just above the 0.3 per cent rise the market was forecasting.

Seasonally adjusted retail spending rose to $26.557 billion in the month.

Spending on food and household goods retailing both rose 0.4 per cent in April, while clothing, footwear and personal accessory sales fell 0.2 per cent.

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The Australian dollar got a slight boost, rising to 75.97 US cents at 1138 AEST, up from 75.85 US cents immediately before the 1130 AEST data release.

– with AAP

Topics: Retail

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