Australian Economy

Aussie retail goes boom

David Llewellyn-Smith
Monday 11 January 2021
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Via the ABS:

Key statistics

The November 2020 seasonally adjusted estimate:

  • Rose 7.1% month-on-month.
  • This updates the rise of 7.0% published in the Preliminary Retail Trade release.
  • Australian turnover rose 13.3% compared to November 2019.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.