Retail trade slumps despite Christmas sales - NEWS.com.au

Retail turnover slumped across Australia in December despite the sugar hit of Christmas sales.

Latest figures from the Australian Bureau of Statistics has revealed retail turnover fell 4.2 per cent compared to November Picture: NCA NewsWire/Bianca De MarchiSource:News Corp Australia.

Retail turnover in December fell compared to the prior month despite the Christmas season traditionally being a sales sugar hit for traders.

Latest figures from the Australian Bureau of Statistics has revealed retail turnover fell 4.2 per cent compared to November, partly driven by new COVID-19 restrictions after Sydney’s northern beaches cluster halting food spending.

Retail turnover in December fell compared to the prior month.