Sales beat out­look

The Weekend Post - - Business -

NEW data from the Aus­tralian Bureau of Statis­tics has re­vealed Queens­land’s Christ­mas trade ex­ceeded ex­pec­ta­tions. The Cham­ber of Com­merce and In­dus­try Queens­land had orig­i­nally fore­cast cash reg­is­ters ring­ing to the tune of $9.13 bil­lion – about 3.9 per cent up on the pre­vi­ous Christ­mas. But the ac­tual sales fig­ures were $9.2 bil­lion, which rep­re­sented 4.2 per cent growth on 2015. “The feed­back we are get­ting ev­ery day is that busi­ness con­fi­dence is on the up, con­sumer spend­ing is on the up and there is a pos­i­tive out­look for 2017,” said CCIQ state man­ager of ad­vo­cacy Kate Whittle.

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