May retail turnover slips 0.6 percent
By Lorna Brett · 4 July 2011 · Economy
By Lorna Brett · 4 July 2011 · Economy
A 0.6% slump in May's retail turnover has left economists scrambling for answers. Could this be a sign of a larger economic shift?
Retail turnover fell a seasonally adjusted 0.6 percent in May, following a rise of 1.2 percent the month prior.
Tags: ABS, Australian Bureau of Statistics, consumer spending, Economy, Retail Turnover, turnover