Retail Sales Scream Recessionary - If You Look Under The Hood!

February 29, 2024 • 00:07:21
Retail Sales Scream Recessionary - If You Look Under The Hood!
Digital Finance Analytics (DFA) Blog
Retail Sales Scream Recessionary - If You Look Under The Hood!

Feb 29 2024 | 00:07:21

/

Show Notes

We got the January 2024 retail data from the ABS today, and they reported that Australian retail turnover rose 1.1 per cent (seasonally adjusted) in January 2024. This follows a fall of 2.1 per cent in December 2023 and a rise of 1.5 per cent in November 2023. Economists were divided on what to expect, with some looking for 1.5% monthly rebound, while others like Westpac were expected just a 0.3% rise. The National Retail Association said the latest trade figures reveal the uphill struggle retailers face in 2024 if consumer sentiment remains low and trade continues to slow, despite […]
Previous Episode
Next Episode

Other Episodes

Episode

March 21, 2026 • 00:23:54
Episode Cover

Markets Swoon, Lost In A Fog Of War And Recession Fears.

War does not run to a script. Not least because all parties have a say about what happens next. Mohamed El-Erian said on X:...

Listen

Episode

January 17, 2020 • 00:43:00
Episode Cover

Our Top Property Buying Tips – Adam And I Chat 5 [Podcast]

Adam Stokes and I discuss the realities of buying property, and get down to brass tacks. Should you rent or buy? Units or a...

Listen

Episode 0

June 16, 2019 • 00:07:49
Episode Cover

More Are Retiring With High Mortgage Debt! [Podcast]

We look at a recent The Conversation article which spells out the problems ahead for many older Australians with mortgages. Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen