Retail in Asia

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Confident consumers boost Australia’s retail sector

Australian retailers recorded their strongest January sales growth in six years as increasingly confident consumers headed back to the shops.

Retail spending rose 0.9 percent, seasonally adjusted, in January, reversing three months of decline in the sector, the Australian Bureau of Statistics found.

The figures showed strong rises in the household goods sector, with spending up 1.3 percent, and cafes, restaurants and takeaways, up 1 percent.