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Australian retail turnover rises

Australia,Business/Economy, Tue, 03 Apr 2012 IANS

Sydney, April 3 (IANS) Australia's retail turnover rose 0.2 percent in February, following a rise of 0.3 percent in January, according to data released by the Australian Bureau of Statistics (ABS) Tuesday.


The Australian retail trade at the current price rose to $20.99 billion in February, compared to $20.95 billion in January, the ABS said.


Turnover fell in clothing, footwear and personal accessory retailing, cafes, restaurants and takeaway food services and household goods retailing, reported Xinhua.



Economists had forecast a rise of 0.2 percent for the month of February.


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