Australian retail sales fell 0.1% month-on-month in April, according to data released Thursday morning by the Australian Bureau of Statistics, to $37,208.4 million. This fell short of expectations for a 0.3% increase, while the index rose 3.8% year-on-year.
In detail, food retail trade fell by about 0.3% to $38.3 million in April, while clothing, footwear, and accessories trade declined by 2.5% to $76.2 million.