The Australian Bureau of Statistics (ABS) released retail sales volumes for the December quarter of 2023, which rose 0.3% over the quarter.
This followed a revised fall of 0.1% in the September quarter and a fall of 1.1% in the June quarter.
Ben Dorber, head of ABS’s retail statistics, explained: “The rise in December retail sales volumes was supported by lower price growth for retail goods. Consumers particularly took advantage of discounting for discretionary items like furniture and electronic goods”.
