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The latest Australian Bureau of Statistics (ABS) Retail Trade figures show that Australian retail turnover rose 0.4 per cent in November 2015 following a rise of 0.6 per cent in October 2015, seasonally adjusted. Chart via Callam Pickering (formerly of BS, and now Twitter commenter extraordinaire – no seriously, follow him, he’s good)
Only falls recorded were department stores (off 0.8%), while household goods and cafes/restaurants/takeaway led the charge up 1% over the month.
The trend is undeniably up and healthy (if you measure your economy’s health by how much crap it buys).
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