Australia retail sales dropped -1.8% mom in June, unchanged from preliminary reading. Over the June quarter, sales rose 0.8% qoq.
ABS said: “States under longer periods of restrictions for the month saw a larger fall in their June turnover. The largest falls were in Victoria (-4.0 per cent), New South Wales (-2.0 per cent), and Queensland (-0.9 per cent). Other states and territories that saw stay-at-home orders for a least one day of the month included Western Australia (0.1 per cent), and the Northern Territory (-1.8 per cent).”
