New South Wales Retail Sales Up 3.6 % Year To April 2018

New South Wales Retail Sales Up 3.6 % Year To April 2018

New South Wales Treasurer Dominic Perrottet

Retail Sales Up In New South Wales

Victor P Taffa

New South Wales retail sales growth was stronger than the rest of Australia, as retail sales shot up 3.6 % through the year to April, compared to 2.2 % for the rest of Australia.

Retail spending across New South Wales made up one-third of the nation’s total $26.6 Billion, the latest Australian Bureau of Statistics (ABS) data showed.

New South Wales Treasurer Dominic Perrottet said the numbers were a sign of the resilience of New South Wales consumers.

“Sound of cash registers going cha-ching across New South Wales is louder than ever before.” Treasurer Perrottet said.

“These numbers are a sign of growing New South Wales household demand off the back of strong New South Wales employment figures.”

“We know cost of living is an issue for many people and so it is important we continue to support jobs growth through infrastructure.”

“We are working hard to help people across the state drive living costs down and we’ll have more details in a few weeks.” Treasurer Perrottet said.

Food retail was the strongest contributor to growth, followed by cafes, restaurants and takeaway and household goods.

A record-breaking 500,000 new jobs have been created since April 2011 when the New South Wales Liberals & Nationals were elected.

Jobs boom has been especially strong for women with female participation hitting an all-time high of 59.7 %, according to ABS data released several weeks ago.