Final 2014 retail trade figures fail to meet expectations

By Guillermo Troncoso · 6 February 2015 · Locked

Final 2014 retail trade figures fail to meet expectations

Retail Figures Fall Short of Expectations

The latest ABS trade figures have been released, but the news isn't what retailers were hoping for. Will the slight rise in retail turnover be enough to boost the industry's growth?

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Summary

The latest ABS trade figures reveal that retail turnover saw a slight rise towards the end of 2014, though it failed to reach the expected long-term average annual growth of 6 per cent.

Tags: Australian Retailers Association, Christmas, Retail, Shopping, turnover