Soft growth in spending

By Guillermo Troncoso · 23 March 2015 · Economy

Soft growth in spending

Economy on the Brink: What's Behind the Latest Sales Figures?

The Commonwealth Bank's February Business Sales Indicator has just been released, revealing a surprise growth trend. But is this a sign of a long-term economic shift, or just a temporary blip?

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Summary

The February Business Sales Indicator from the Commonwealth Bank has revealed a modest growth of 0.1 per cent for the second month in a row, highlighting a decline in the growth rate during the last five months.

Tags: BSI, business sales, Commonwealth Bank, Economy, Spending