Retail figures improving but still of concern
ABS Retail Trade figures for May 2008, released yesterday, indicated that there is still some resistance to the rising cost of living by consumers.ANRA (Australian National Retailers Association) CEO, Margy Osmond, believes the figures, while more positive than in recent months, are still worrying for some retailers. “Retail turnover has picked up, rising by 0.7 per cent in May. This is the best result by far for the year to date,” she said. “Consumer spending has been strongest... ...Read more »

