0.0004 (0.06%)0.06%
5.90 (0.08%)0.08%
10.20 (0.13%)0.13%
3.51 (0.08%)0.08%
143.87 (0.81%)0.81%
270.45 (0.67%)0.67%
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Retail trade rose 0.6pc in May, overshooting forecasts
Joshua Peach
The number: Australian retail trade rose 0.6 per cent in May, compared to a rise of 0.1 per cent the previous month. The consensus was for a 0.3 per cent month-on-month rise.
Year-on-year, retail trade was up 1.7 per cent versus 1.3 per cent for April.
Robert Ewing, ABS head of business statistics, said the figures were boosted this month by shoppers taking advantage of e…
Read the full article at: https://www.afr.com/markets/equity-markets/asx-to-rise-s-and-p-500-closes-at-record-high-20240703-p5jqmj