Ann: AGM - Executive Chair Presentation, page-2

From 'The Australian' Friday 10 January 2025:

Across November, spending rose 3 per cent compared to a year earlier at $37.1bn, the ABS reported, noting promotional activity had stretched across the entire month rather than being limited to the Black Friday weekend.

The ABS figures showed the spending increase was broad-based with every single retail rising, especially those geared towards Black Friday.

Department stores and clothing and footwear retailers posted the strongest results, up 1.8 per cent and 1.6 per cent, respectively.

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(A rise of 1.8 per cent is below the general CPI figure). But it's better than other sectors of the economy.