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Retail sales rise in May as consumers shrug off debt and wages worries

Consumers appear to have put worries about low wages growth and high household debt behind them to open their wallets in May.

Retail sales rise in May as consumers shrug off debt and wages worries
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  • Shared by ABC Online.
  • July 05, 2017
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Retail sales rose 0.6 per cent, on a seasonally adjusted basis, down on the 1 per cent growth recorded in April, but still three times the rate that most economists expected after a poor start to the year.

Read the full article on ABC Online.

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