Figures released by the Australian Bureau of Statistics reveal a decline in local retail trade and a rise in building approvals.

Retail turnover in South Australia for May 2010 was 0.9 per cent lower (seasonally adjusted) than the previous month's figures.

This compares to the national retail turnover which increased 0.2 per cent during the same month.

Local building approval figures went against the national trend with a significant increase in May 2010.

Data revealed that South Australian building approvals increased by a seasonally adjusted 30.6 per cent in May. This was against the national trend which saw a decrease of 6.6 per cent.

Approvals for private housing in South Australia decreased by 0.3 per cent, while national figures increased 1.7 per cent.

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