Retail sales rose 0.3 per cent in August, just beating market economist expectations, as consumers continued to spend despite softness in house prices and higher petrol prices.
Economists had been expecting a reading of 0.2 per cent over the month, according to Bloomberg, up from a flat reading in July.
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Sarah Turner is the editor of the AFR Weekend Perspective section based in our Sydney newsroom. Email Sarah at s.turner@afr.com
Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
