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AAP

Business

Poppy Johnston

Retail sales strong but rate rises biting

Sarah Hunter Sean Langcake

Food retailing rose 1 per cent in September while cafes, restaurants and takeaways were up 1.3pct. (Dean Lewins/AAP PHOTOS) (AAP)

Retail sales have hit another record high as consumers remain unfazed by rising interest rates and cost-of-living pressures.

Retail trade rose for the ninth month in a row, lifting another 0.6 per cent in September.

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