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Australian Bureau of Statistics: Retail figures show economy improving – NEWS.com.au
Australian economy shows early signs of uplift as retail trading figures surge 2.4 per cent
Australias economy is showing signs of improvement since the initial pandemic shutdown with retail trading across the country surging. Figures from the Australian Bureau of Statistics (ABS) shows retail turnover for the month of June rose 2.4 per cent compared with May, fuelled by easing COVID-19 restrictions that have allowed more businesses to open doors.
June’s monthly rise comes after May’s strong surge of 16.9 per cent, rebounding from the April retail collapse that was induced by COVID-19…
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