The ABS has released its preliminary retail sales for June, which fell 1.8% over the month to be up 2.9% year-on-year:
Decent fall in June.
According to the ABS:
June retail sales hit by Victoria’s lockdown
Leith van Onselen
Wednesday, 21 July 2021
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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.
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