FED:Retail trade up 0.2% in October

AAP General News (Australia)
12-01-2011
FED:Retail trade up 0.2% in October

SYDNEY, Dec 1 AAP - Retail spending rose 0.2 per cent in October, which was lower than
market expecations, according to official figures.

Retail trade rose in the month to a seasonally adjusted $20.951 billion, compared to
a downwardly revised $20.899 billion in September, the Australian Bureau of Statistics
said on Thursday.

Economists' forecasts had centred on a 0.4 per cent rise in retail sales in the month of October.

AAP ews/dlm/jlw

KEYWORD: RETAIL

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