Headlines

Retail Sales Dip in Australia

Sector sales had been expected to rise

Published

12 years ago

May 30, 2012

Robin Donovan

With a dip of 0.2 percent in April, retail sales are down in Australia, the Sydney Morning Herald reports. Sales declines included a 1 percent drop in department store trade, according to the Economic Times. Economists initially forecast a 0.2 percent increase in sales for April, despite known weakness in the country’s retail sector.

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