Retail sales may have finally turned a corner after two years of weakness, as unseasonably warm weather pumped up demand for alcohol, gardening equipment and camping gear.
Retail turnover increased 0.7 per cent in August in seasonally adjusted terms, to be 3.1 per cent higher over the year.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
