The Australian Bureau of Statistics (ABS) has released retail sales figures for the month of December, which registered a 0.1% fall in seasonally-adjusted sales over the month with annual sales clocking in at just 3.0% growth:
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement