date:Aug 06, 2013
e months ended 30 June, which would be the third consistent quarterly decline in the rate of growth.
For the month of June, the AFGC said the Index indicates that the Australian Bureau of Statistics (ABS) will report year-on-year retail trade growth of 2.5 per cent and turnover of $21.9 billion. The Index forecasts August year-on-year growth will be 2.7 per cent, with turnover increasing to $22 billion.
The retail environment remains challenging, reflecting subdued consumer confidence, said Ga