Welcome to Retailwatch for December 2011
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With the end of 2011 just gone, it was clear that people celebrated the festive season a bit more than in 2010 – December spending was up 3.9% year-on-year at $2.86 billion, and up 17.1% over November 2011.
It was a very positive month for retail, with only the Books & Stationery Stores (-9.6%) and Recreation & Entertainment (-2.8%) down compared to 2010.
As expected, most categories were up substantially in comparison to the previous month of November; the lone exception being Travel & Accommodation….
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