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Australia Retail Sales Climb 0.7% In May
(RTTNews) - The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in May, the Australian Bureau of Statistics said on Wednesday - coming in at A$35.524 billion.
That was broadly in line with expectations following the flat reading in April.
Individually, sales were up for food, household goods and cafes and restaurants; sales were down for clothing and department store items.
By region, sales were up in every territory except Tasmania.
On a yearly basis, sales rose 4.2 percent.
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