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Australia Economy: 
Australia's Retail Sales Drop 0.1% in February
Author: 123jump.com Staff
123jump.com
Last Update: 8:46 AM EDT April 04 2008



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The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series decreased by 0.1% in February 2008. This follows a revised decrease of 0.1% in January 2008 and a revised increase of 0.3% in December 2007. All states and territories except Victoria -1.6% and Western Australia -0.6% had increases in the seasonally adjusted estimate. The largest increases occurred in the Northern Territory, the Australian Capital Territory both +1.2% and Queensland +0.9%.

 

 

 

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