ABS records a small growth in Tasmania’s retail industry

ABS data released today shows strong retail trade growth for Tasmania for the period ending March 2021.

Retail trade is now 2.7 per cent higher than March last year, which was the third highest growth of all the states, and also higher than the National average of 2.2 per cent.

These figures come on the back of last week’s building approvals figures, which showed that Tasmania recorded the highest number of building approvals in 12 months in more than 25 years.
 
“These results are testament to Tasmania’s high business confidence with Tasmanians backing local business.” Premier, Peter Gutwein said

“With a strong economy, strong retail and building approvals results, and jobs rebounding, our plan to Secure Tasmania’s Future is clearly working.”

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