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Retail sales growth continues in February, but recovery still far away

Inside Retail

Australian retail sales recorded another modest growth in February despite the continued impact of cost-of-living pressures and economic uncertainty. Retail sales rose 3.6 The ‘other retailing’ category which includes cosmetics, sports, and recreational goods recorded the biggest increase at 5.5

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Retail sales increase 3.1 per cent in August

Inside Retail

Despite retail sales growing in August, businesses are still urging the Reserve Bank of Australia to cut interest rates to help the sector thrive through the holiday season. According to the Australian Bureau of Statistics (ABS), retail turnover increased 3.1 billion in August, attributed to the shift in weather pattern.

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Retail sales crept up in January, ABS data shows

Inside Retail

Australian retail sales inched higher in January, with food-related spending leading the growth. Australian Bureau of Statistics data showed that January retail sales rose 1.1 ‘Other’ retailing sales climbed 2.8 Cafes, restaurants, and takeaway sales grew 2.5 per cent annually to $5.53

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Retail sales slip in March quarter: ABS

Inside Retail

Retail sales fell 0.5 The quarterly volume fall was driven by households spending patterns gradually returning to those seen before Covid-19,” James explained. “The The quarterly volume fall was driven by households spending patterns gradually returning to those seen before Covid-19,” James explained.

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Australian retail sales surged 7.5 per cent in January – ABS

Inside Retail

Australian retail sales in January surged 7.5 per cent over December, reflecting a strong post-Christmas sale season. Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent year on year – and 1.9

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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Growing demand has led some retailers to operate 24 hours a day to accommodate changing consumption patterns. Understanding these changing patterns has become crucial for businesses looking to capitalise on this significant retail opportunity. This year, Ramadan began on February 28 and ends on March 30.

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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

Hong Kong retail sales continue to experience a recession, reporting a double-digit drop in two consecutive months in May and a 6.1 A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar.