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Australian Retail Sales Hit Record High November

Por: MarketWatch Business January 11, 2023

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Ben Dorber, ABS's head of retail statistics, said November's rise was driven by Black Friday sales, which saw consumers spending on clothing, footwear, furniture and electronic goods. While we typically see a rise in spending around Black Friday sales, the strong seasonally adjusted rise in November 2022 shows that the effect is increasing over time, as the event has become more common across retailers and sales periods become longer,... + full article



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