BSI

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Business sales slide in July as consumers rein in their spending

8:47AM | Wednesday, 22 August

The Commonwealth Bank Business Sales Indicator fell 5.4% in seasonally adjusted terms in July, while another survey shows the small business sector has become increasingly pessimistic about the economy.

Retail sales record 25-month high ahead of Christmas

11:55AM | Friday, 18 November

October was the best month for retailers in 25 months, according to the Commonwealth Bank Business Sales Indicator, suggesting Christmas sales may not be as dismal as initially thought.

Consumer optimism dubbed a “mirage” as BSI falls 0.3%

7:34AM | Wednesday, 20 July

The recent optimism about consumer spending has been labeled a “mirage” by a leading economist, with the latest Commonwealth Bank Business Sales Indicator falling by 0.3%.

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