FX & CFD trading involves significant risk
The total number of new motor vehicle sales in Australia was up a seasonally adjusted 4.0 percent on month in June, the Australian Bureau of Statistics said on Monday, standing at 97,687.
That follows the flat reading in May.
On a yearly basis, new motor vehicle sales jumped 7.1 percent after adding just 0.2 percent in the previous month.
By category, sales of passenger vehicles added 3.7 percent on month, while sports utility vehicle sales gained 2.7 percent and sales of other vehicles jumped 6.6 percent.
By region, Queensland saw the largest percentage increase (5.3 percent), followed by New South Wales (4.9 percent) and the Tasmania (4.6 percent). Over the same period, the Northern Territory decreased by 4.1 percent.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.