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In-house data shows Australian retail sales for August is likely to disappoint - preview

Australian retail sales date for August is due today. Earlier post:There's a wide range of estimates for the Australian data due today - surprise incoming?Via CBA, citing their proprietary data for their lower-than-consensus estimate:Retail trade rose by 0.5% in July, buoyed by spending around the FIFA Women’s World Cup, and following a 0.7% decline in June. Our CommBank Household Spending Insights (HSI) index shows that the pace of retail spending growth moderated in August. We anticipate that... Read More

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Posted: Sep 27 2023, 23:06

Author Name: forexlive

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