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Australia retail sales flat in Apr, cost-of-living pressures and rising interest rates

Australia retail sales flat in Apr, cost-of-living pressures and rising interest rates
Australia retail sales turnover was flat at 0% mom in April, and up 4.2% yoy. “Retail turnover has plateaued over the last six months as consumers spent less on discretionary goods in response to cost-of-living pressures and rising interest rates. Spending was again soft in April but was boosted by increased spending on winter clothing […] The post Australia retail sales flat in Apr, cost-of-living pressures and rising interest rates appeared first on Action Forex... Read More
Posted: May 26 2023, 06:22
Author Name: actionforex
Views: 081434

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