Australia November retail sales: +0.7% m/m (vs. expected +0.4%)

• prior was +0.5% m/m
• Through the year, Australian retail turnover rose 4.6 per cent in November 2013, seasonally adjusted, compared to November 2012.
• The trend estimate for Australian retail turnover rose 0.5 per cent in November 2013. This follows a 0.5 per cent rise in October 2013. Through the year, the trend estimate rose 4.1 per cent in November 2013 compared to November 2012.

Data from Australian Bureau of Statistics