Retail and Trade Figures Rise Above National Trend

Submitted 19/01/2010

Migration for Business Growth

 

Figures released by the Australian Bureau of Statistics reveal an increase in local retail trade and exports.

Retail turnover in South Australia for November 2009 was 3.1 per cent higher (seasonlly adjusted) than the previous month's stagnant figure.

This compares to the national retail turnover which had a 1.4 per cent increase during the same month.

International trade figures released indicate an increase in exports for South Australia in November.

The national trade deficit on goods and services for November was at $1.7 billion (seasonally adjusted), a decrease of almost $380 million against a revised deficit in October.

South Australian exports increased 1.4 per cent in November, while imports also went against the national trend increasing by 17.9 per cent.