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By Ambar Warrick
Investing.com-- Australian retail sales grew more than expected in November, data showed on Wednesday, as consumers took advantage of increased discounts during the Black Friday shopping event.
Retail sales grew 1.7% in November to a new record high, the Australian Bureau of Statistics (ABS) said in a statement. The figure was more than expectations for a rise of 06%.
The ABS also revised Octoberâs unexpected 0.2% fall to a rise of 0.4%, which was still the smallest rise...
>>> Read more: Australia retail sales buoyed by Black Friday spending in November
Investing.com-- Australian retail sales grew more than expected in November, data showed on Wednesday, as consumers took advantage of increased discounts during the Black Friday shopping event.
Retail sales grew 1.7% in November to a new record high, the Australian Bureau of Statistics (ABS) said in a statement. The figure was more than expectations for a rise of 06%.
The ABS also revised Octoberâs unexpected 0.2% fall to a rise of 0.4%, which was still the smallest rise...
>>> Read more: Australia retail sales buoyed by Black Friday spending in November
