Market Alert : Global Sell-Off Extends: Liquidity Fears and Growth Concerns Dominate

Strong Growth in Australian Retail Trade

The retail trade in Australia provides monthly and quarterly estimates of turnover and volumes for retail businesses that include both store and online sales. The latest seasonally adjusted estimate for January 2023 indicates a 1.9% increase in turnover compared to the previous month and a 7.5% increase compared to January 2022. These are important key statistics for the retail industry in Australia.