Australian Retail Sales Surge 0.3 Percent With Taylor Swift’s Influence

The Eras Tour spending led to retail sales growing modestly at 0.3 percent.

Taylor Swift arrives for the 81st annual Golden Globe Awards at The Beverly Hilton hotel in Beverly Hills, Calif., on Jan. 7, 2024. Michael Tran/AFP via Getty Images

Australian retail turnover received a boost from Taylor Swift’s Eras Tour concerts in Sydney and Melbourne, according to the Australian Bureau of Statistics (ABS).

Retail sales grew 0.3 percent in February, but were only up 0.1 percent when the impact of Taylor Swift was taken out of the equation.