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Australia Retail Sales Rise 0.2% In February
(RTTNews) - The value of retail sales in Australia was up a seasonally adjusted 0.2 percent on month in February, the Australian Bureau of Statistics said on Tuesday - coming in at A$37.129 billion.
That missed expectations for an increase of 0.3 percent, which would have been unchanged from the January reading.
Individually, sales of food, clothing, department store items and cafes were up, while household goods and other retailing were down.
On a yearly basis, retail sales were up 3.6 percent.
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