A measure of online sales in Australia rebounded in May to post its highest reading so far this year, handily outpacing growth for traditional bricks and mortar retailers, a survey showed on Monday.
National Australia Bank’s index of online sales rose 10.8 percent in May to 187.2, more than reversing a dip the month before. Annual growth in the index continued to slow, however, reaching 14.2 percent in May from 15.5 percent the previous month.
(Source: CNBC)