By Alex Druce
Australian retail turnover fell 1.8 per cent in June as coronavirus lockdowns came back into place across major cities
Retail spending fell by $575.1 million for the month according to seasonally adjusted figures released this morning by the Australian Bureau of Statistics, with the $30.58 billion monthly spend the lowest since February.
Victoria’s spending was down 3.5 per cent and leading the state falls. Victoria’s lockdowns were gradually eased from June 11, having been put in place in May.
Lockdowns sapped June retail spending by more than $500 million
Credit:SMH
New South Wales, in particular Greater Sydney, saw stay-at-home orders issued towards the end of the month. Trade fell 2 per cent in the state.
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