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Australia data - March Retail Sales +0.4% m/m (expected 0.2%)

Australia data - March Retail Sales +0.4% m/m (expected 0.2%)
Australia data for March 2023 Retail Sales +0.4% m/m expected 0.2%, prior 0.2%third straight rise in MarchAustralian Bureau of Statistics says: “Food retailing has now recorded 13 consecutive monthly rises, largely driven by high food inflation ... Spending on non-food retailing has slowed in response to interest rate rises and increased cost of living pressures."the Australian Bureau of Statistics also notes a "pull-back in spending on discretionary goods has seen monthly turnover remain at a s... Read More
Posted: May 3 2023, 01:30
Author Name: forexlive
Views: 111664

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