Trade figures ' strong lead into Christmas'
September trade figures released today by the ABS represent a strong lead into Christmas with September seeing a 3.67 percent total year-on-year increase.
So says Executive Director of the ARA, Russell Zimmerman, adding that although September trade figures are slightly weaker than August, the year-on-year growth is still a positive figure for Australian retail.
"Although September's month-on-month figure isn't as positive as we would have liked, we need to understand the year-on-year retail growth figure represents a better overview of the current state of Australian retail," he said.
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