Retail sales record a donut in March

Tuesday, 8 May 2018

The Australian Bureau of Statistics (ABS) has released retail sales figures for the month of March, which registered flat (0%) seasonally-adjusted growth over the month, but with annual sales growth rising to 3.1%:

In trend terms, annual retail sales growth remained flat at 2.6%.

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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.