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Analysis: EOFY won’t end the tough times for many

 The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation. Australian Bureau of Statistics data shows retail sales rose 0.9 per cent during the month of April. This represented a slowing growth rate, after incre