Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Australian August retail sales fall 4%, Victoria hit hard

FILE PHOTO: Shoppers walk through a shopping centre past a retail store displaying a sale sign in central Sydney, Australia, November 1, 2017. REUTERS/Steven Saphore

Australian retail sales fell 4% in August from the month earlier, official data showed on Friday, with the virus-stricken state of Victoria bearing the brunt of the downturn.

The result follows gains of 3.2% and 2.7% in July and June respectively, according to data from the Australian Bureau of Statistics (ABS).

Victoria suffered a 12.6% drop as a strict lockdown saw many businesses shut their doors to customers. There were also declines in most other states.

Annual growth was still solid with sales up 7.1% compared to August 2019.

(Reporting by Swati Pandey; Editing by Tom Hogue)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.