MacroBusiness
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From the ABS comes preliminary retail sales data for November:
Key statistics
In seasonally adjusted terms, Australian turnover rose 13.2% in November 2020 compared with November 2019.
Victoria (21%) led the rises, with November seeing the first full month of trade following the easing of coronavirus restrictions in that state.
Excluding the Victorian rise, monthly turnover rose 2.7% in seasonally adjusted terms.
South Australia, which saw a three day period of restrictions in November, saw a flat result. A rise in Food retailing in South Australia was offset by falls in most other industries.
By industry, Household goods led the rises (13%), impacted by a full month of trade in Victorian stores, a successful Black Friday sales period, and new product releases in the Electrical and electronic goods subgroup.