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The Australian Bureau of Statistics released its retail sales data on Wednesday. Retail sales in Australia rose 0.4% in September, in line with expectations, after a 0.4% gain in August.
The increase was mainly driven by higher household goods sales and cafes, restaurants and takeaway food services sales. Household goods sales were up 1.0% in September, while cafes, restaurants and takeaway food services sales increased 0.9%.
On a quarterly basis, retail sales rose 0.6% in the third quarter, after a 0.8% increase in the second quarter.
On a yearly basis, retail sales climbed 5.8% in September.
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