Australian Bureau of Statistics is publishing preliminary readings as a guide (only a guide, subject to revision)
- For the y/y, up 8.2%
- led by cafes, restaurants, clothing, footwear
- ABS says yet again there was some evidence of stockpiling .... flour, rice and pasta for the carb heads, toilet paper too.
Folks coming out of lock down and buying (and good news for the people of Melbourne, they'll get to do so twice … eventually)
Reprinted from forexlive, the copyright all reserved by the original author.
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