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Australia Retail Sales Rise 0.5% In September

Nov 05 2012
By
Forexbrokerz.com

Retail sales in Australia were up a seasonally adjusted 0.5 percent on month in September, the Australian Bureau of Statistics said on Monday, worth A$21.591 billion.

That beat estimates for an increase of 0.4 percent following the upwardly revised 0.3 percent increase in August and the 0.8 percent contraction in July.

For the third quarter of 2012, retail sales were down a seasonally adjusted 0.1 percent compared to the previous three months to A$63.797 billion - also beating forecasts for a contraction of 0.2 percent following the downwardly revised decline of 1.2 percent.

The material has been provided by Instaforex Company - instaforex.com
TAGS: Australia  Retail  Sales  Rise  0.5%  In  September   

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