Australian retail turnover rose 8.2 per cent in March 2020, seasonally adjusted, according to preliminary retail trade figures released today by the Australian Bureau of Statistics (ABS). This is the strongest seasonally adjusted rise ever published in the Retail Trade publication, surpassing an increase of 8.1 per cent in June 2000 when households brought forward expenditure ahead of the GST implementation. These preliminary figures, which will be subject to revision with the final monthly estimate published 6 May, 2020 in Retail Trade, Australia (Cat no 8501.0), indicate unprecedented demand in March in the Food ... (full story)