March retail sales better than forecast, but rate cut pressures remain

By Mark Mulligan
Updated May 5 2016 - 2:43pm, first published 1:25pm
Retail sales growth remains tepid, thanks to discounting and subdued demand. Photo: Chris Hopkins
Retail sales growth remains tepid, thanks to discounting and subdued demand. Photo: Chris Hopkins

The value of retail sales across Australia rose a healthy 0.4 per cent in March, seasonally-adjusted, suggesting consumer demand has started to pick up after a slow start to the year.

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