Australia Retail Sales Slip in April as Consumers Stay Frugal

Australia retail sales slip in April as consumers stay frugal

Fashion sector weakness leads to slight drop in Australia’s April retail sales

Australia’s retail turnover dropped by 0.1 per cent in April 2025, reaching US $ 37.20 billion—somewhat below the US $ 37.23 billion recorded in March. New data from the Australian Bureau of Statistics (ABS) attributes the turndown mainly to reduced consumer spending in fashion and department stores, which collectively dropped by US $ 124.2 million. […] The post Fashion sector weakness leads to slight drop in Australia’s April retail sales appea…

Australia retail sales down -0.1% mom in April, weighed by weak clothing demand - Action Forex

Australia’s retail sales turnover unexpectedly declined by -0.1% mom in April, missing expectations for a 0.3% mom rise. On an annual basis, sales were up 3.8% compared to April 2024/ The Australian Bureau of Statistics noted that the decline was driven primarily by reduced spending on clothing. The weakness was partly offset by a rebound […] The post Australia retail sales down -0.1% mom in April, weighed by weak clothing demand appeared first …

Australia’s Retail Sales decline 0.1% MoM in April vs. 0.3% expected

The post Australia’s Retail Sales decline 0.1% MoM in April vs. 0.3% expected appeared on BitcoinEthereumNews.com. Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday. The reading came in below the market expectations of 0.3%.  Market reaction to Australia’s Retail Sales da…