Australian Retail Turnover Increased 3.2% in July 2020 | ASX Market Update

September 04, 2020 06:10 PM AEST | By Team Kalkine Media

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According to the latest Retail Trade figures by the Australian Bureau of Statistics (ABS), the retail turnover climbed 3.2% in July. This updates the initial outcome of a 3.3% increase published on 21 August 2020 and follows a 2.7% rise in June 2020. In July 2020, household goods (4.0%) led the monthly increases, as customers continued to buy large household items, but there were also significant upswings in other retailing, (4.4%) and food (1.2%).

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