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04 Jul 2012 - Western Australia records strong growth in Retail Sales

Retail Sales for May across Australia rose 0.5 per cent from April, beating the 0.2 per cent increase expected by economists.

From a state perspective Western Australia recorded growth of 1.1% and remains the strongest performing state over the longer term (up 0.7% in trend terms). 

New South Wales (0.7%) recorded it's third consecutive monthly rise,Victoria (0.5%), Queensland (0.5%) and the Northern Territory (1.6%) also recorded rises in May, in seasonally adjusted terms. There were falls in South Australia (-0.6%), Tasmania (-1.0%) and the Australian Capital Territory (-0.1%).

 

Source: Australian Bureau of Statistics