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Australian retail sales see modest 0.2% mom rise amid cost-of-living pressures

Australian retail sales see modest 0.2% mom rise amid cost-of-living pressures
The latest retail statistics out of Australia show a muted picture of consumer spending, with retail sales turnover in August rising only 0.2% mom (in seasonally adjusted terms) to AUD 35.4B, falling short of the anticipated 0.3% increase. Through the year, sales turnover was up 1.5% yoy. According to Ben Dorber, the head of retail […] The post Australian retail sales see modest 0.2% mom rise amid cost-of-living pressures appeared first on Action Forex... Read More
Posted: Sep 28 2023, 03:10
Author Name: actionforex
Views: 101987

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