May 28, 2026
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politics

Appetite for discretionary spending still strong as retail sales rebound 1.9 per cent in January

Australian retail gross sales have are available hotter than anticipated in January, confirming client urge for food remained comparatively sturdy within the face of 9 consecutive rate of interest rises since Could final yr.

Australian Bureau of Statistics figures launched on Tuesday confirmed retail turnover rose 1.9 per cent nationally in January, beating forecasts of a 1.5 per cent acquire.

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