Australia retail sales rose 8.5% with heavy impact from coronavirus

<p>Australia retail sales rose 8.5% mom in March. Growth was recorded in food retailing (24.1%), other retailing (16.6%), and household goods retailing (9.1%). Contraction was seen in cafes, restaurants and takeaway food services (-22.9%), clothing, footwear and personal accessory retailing (-22.6%), and department stores (-8.9%). “COVID-19 heavily impacted retail trade in March” said Ben James, […]</p>
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