date:Jul 26, 2012
The index uses CHEP transactional data based on pallet movements and is a lead indicator of Australian Bureau of Statistic (ABS) Retail Trade data.
The figures predict retail trade to be 3.5 per cent higher in June 2012 (with a turnover of $21.3 billion) compared with June 2011.
Growth is expected to slip back to 3.2 per cent for the August month-to-month comparison with 2011, with a predicted retail trade turnover figure of $21.4 billion for August 2012. This is notwithstanding the slight growt