Household Spending Rises in November, Driven by Black Friday Sales

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http://theepochtimes.com/world/household-spending-rises-in-november-driven-by-b…
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The most notable contributor to the increase was the rise in recreation and culture, largely driven by the release of films such as Moana 2 and Gladiator II. Household spending in Australia saw a modest rise of 0.4 percent in November, following a stronger 0.9 percent increase in October, according to seasonal figures released by the Australian Bureau of Statistics (ABS). While September had seen a slight dip of 0.2 percent, November’s growth was driven by significant retail activity, including the Black Friday sales, which boosted spending in sectors like...