Bumper sales results for Retailers in March 2020


The ABS has recorded a bumper March for retail, largely due to panic buying. Sales are have spiked upwards by $2.7 billion, mainly due to the panic buying of several supermarket products. The categories that have risen are no surprise, with food and grocery sales up, but offset by a 20% drop in sales at cafes, restaurants, clothing and department stores.
Roger speaks with 6PR’s Chris Ilsley about the recent results and what the future months have in store as Australia stumbles towards a likely recession.