Aussie retail sales rebounded in January

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The ABS has released retail sales data for January, which rebounded 1.8% over the month to be up 6.4% year-on-year:

Discretionary retail drove sales over the month:

With all jurisdictions recording growth:

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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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