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Australia retail sales rose 0.7% mom, boosted by sales events

Australia retail sales rose 0.7% mom, boosted by sales events
Australia retail sales turnover rose 0.7% mom to AUD 35.52B in May, well above expectation of 0.1% mom. Through the year, sales turnover was up 4.2% yoy. Ben Dorber, ABS head of retail statistics, said: “Retail turnover was supported by a rise in spending on food and eating out, combined with a boost in spending […] The post Australia retail sales rose 0.7% mom, boosted by sales events appeared first on Action Forex... Read More
Posted: Jun 29 2023, 05:03
Author Name: actionforex
Views: 110782

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