Australia’s retail sales show modest 0.1% mom growth in Sep

Australia’s retail sales turnover increased by a modest 0.1% mom in September, reaching AUD 36.46B but falling short of the expected 0.4% mom rise. This follows a 0.7% gain in August and a flat outcome in July. Commenting on the data, Robert Ewing, Head of Business Statistics at ABS, noted that “retail spending held firm […]

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