Retail spending up in May

Written By Unknown on Rabu, 03 Juli 2013 | 11.25

Retail spending rose 0.1% in May, official figures from the Australian Bureau of Statistics show. Source: AAP

AUSTRALIAN retail spending rose 0.1 per cent in May, official figures show.

That followed a surplus of $171 million in April, the Australian Bureau of Statistics said on Wednesday.

Economists had expected a surplus of $50 million in May.

During the month, exports rose 4.0 per cent, while imports rose 2.0 per cent, the ABS said.


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