July’s preliminary reading showed retail sales grew 3.3% mom in Australia. Sales rose in all states and territories except Victoria, coinciding with the resurgence of coronavirus cases and reintroduction of stage 3 restrictions.
“The rise across the rest of the country was driven by continued strength in household goods retailing, and the recovery in cafes, restaurants and takeaway food services, and clothing, footwear and personal accessory retailing” said Ben James, Director of Quarterly Economy Wide Surveys.