Australia’s retail turnover increases slightly in May 2025

Retail spending restrained in May

Consumers spent $37.3 billion across the country in May, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.2%, following a flat result last month and growth of 0.2 per cent in March. Year on year, retail sales increased 3.3%.  “Retail spending rose in May driven mainly by a bounce-back in clothing purchases,” says ABS Head of Business Statistics. “Retail spending was otherwise restraine…

Australia’s retail turnover increases slightly in May 2025

Australia’s retail turnover recorded a modest increase of 0.2% in May 2025, according to data from the Australian Bureau of Statistics.The post Australia’s retail turnover increases slightly in May 2025 appeared first on Retail Insight Network.