SYDNEY, May 3 (Reuters) - Australian retail sales grew
modestly in March as spending on food and eating out was
tempered by falls in clothing, household goods and department
stores, dragging annual growth in sales to a 14-month low.
Data from the Australian Bureau of Statistics (ABS) on
Wednesday showed retail sales rose 0.4% in March from February,
when they rose 0.2%. Sales of A$35.31 billion ($23.53 billion)
were up 5.4% from a year earlier, but that was down from 6.4%
growth in February.
($1 = 1.5004 Australian dollars)
(Reporting by Wayne Cole; Editing by Christian Schmollinger)
Messaging: wayne.cole.thomsonreuters.com@reuters.net))
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