March 2022

March 2022

May 4, 2022

Seasonally adjusted retail sales rose by another 1.6% in March, reaching a new record high.

The March gain was driven by the recovery from the Omicron outbreaks and floods over east. However, since monthly retail sales is in nominal terms, a large part of the increase can be attributed to a rise in prices.

Western Australia was one of the states that saw an increase in retail sales, despite the acceleration in the spread of Omicron during the month.

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