Australian Retail Sales +0.3% in April

• Retail sales up 0.3% in April compared to the previous month coming in at $19.35 billion.
• This was slightly below expectations for a +0.5% monthly gain following an increase of +2.2% in March and a fall of 2.0% in February.
• Among the individual components
• Cloth and soft goods retailing +0.8%
• Household good retailing +3.9%
• Other retailing +0.1%
• Food retailing –0.2%
• Department stores –2.8%
• Cafe, restaurants & takeaway –0.5%
• Statewide:
• NSW +1.3%
• Queensland +0.8%
• Tasmania +0.5%
• ACT +0.9%
• Victoria 0.0%
• SA –0.1%
• WA –2.4%
• NT –4.6%

Source: RTT News