Business
Why ASX 200 retail shares like Super Retail (ASX:SUL) are worth watching
ASX 200 retail shares like Super Retail Group Ltd (ASX: SUL) are worth watching this afternoon. That’s because today saw the release of the latest Australian Bureau of Statistics (ABS) retail trade data.
What’s the latest for ASX retail shares?
Today’s retail trade data contained some good news for retailers even as the S&P/ASX 200 Index (ASX: XJO) fell 1%. Market conditions strengthened slightly during March with seasonally adjusted estimate up 1.4% from February 2021 to $423.9 million.
In seasonally adjusted terms, Australian turnover climbed 2.3% in March 2021 compared to the year prior. Today’s ABS release suggested…
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