date:Oct 28, 2013
han in the same period last year, and growth is expected to further ease to 1.5 percent in the December quarter.
For the September quarter, the Retail Index indicates that the ABS is likely to report a 1.9 percent increase in year-on-year retail growth and turnover of $21.89b. Forecasts for November year-on-year growth estimate growth at 1.5 percent - dropping to $21.85b.
Retail sales growth is certainly underperforming against longer term trends, with the growth rate halving over the course o