Retail donut hammers dollar

Thursday 4 June 2015

The Australian Bureau of Statistics (ABS) has released retail sales figures for the month of April, which registered flat (0%) seasonally-adjusted growth in sales over the month. Annual sales growth clocked in at 4.1%:

The below chart maps out seasonally-adjusted sales growth by segment on a monthly and annual basis:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.