The total value of retail sales in Australia was down a seasonally adjusted 4.0 percent on month in August, the Australian Bureau of Statistics said on Friday - coming in at A$29.481 billion.
That beat forecasts for a drop of 4.2 percent following the 3.2 percent gain in July.
Food retailing fell 0.2 percent in August as sales fell 2.9 percent for liquor retailing, rose 0.1 percent for supermarket and grocery stores and rose 0.5 percent for other specialized food retailing.
Household goods retailing fell 6.0 percent as sales fell 7.7 percent for electrical and electronic goods retailing, fell 6.1 percent for hardware, building and garden supplies retailing and fell 3.3 percent for furniture, floor coverings, houseware and textile goods retailing.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2164834/
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