Australian Unemployment and Underemployment Falls in April

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    Australia saw stronger than expected full-time employment as…



    Retail sales in Australia rose by 1.1 percent month-over-month in April 2021, compared with market consensus of a 0.5 percent gain and after a final 1.3 percent gain a month earlier, a preliminary reading showed. This was the second straight month of growth in retail trade, on the back of nationwide coronavirus restrictions that saw physical stores closed for all but essential retail. Food retailing led the rises, following falls in both February and March.

    All industries except department stores rose, with similar rises for cafes, restaurants, and takeaway food services, household goods retailing, and other retailing. New South Wales and Victoria led the state rises, with sales continuing to return in Sydney and Melbourne. A lockdown in Western Australia in April saw a 1.5 percent fall in that state. source: Australian Bureau of Statistics

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