Retail sales grow in February
Retail sales rose as expected in February but the sluggish growth suggests another tough year for the sector, analysts say.
Retail sales grew by 0.2 per cent in February following a 0.3 per cent rise in January, according to the Australian Bureau of Statistics.
The ABS says retail trade rose in the month to a seasonally adjusted $20.988 billion, compared to a downwardly revised $20.954 billion in January. Sydney Morning Herald – Read more…