Forex
globalreutersApril 30, 20241 Mins read
Australian March 2024 Retail Sales -0.4% m/m (expected +0.2%)
globalreutersApril 30, 20241 Mins read Very weak, a big miss for this.
March 2024 retail sales +0.4% m/m
- expected +0.2%, prior +0.3%
Awful data. prices up, population soaring, and yet still a negative m/m.
Households are under stress from high interest rates, and given sticky high inflation this is not going to change any time soon:
This article was written by Eamonn Sheridan at www.forexlive.com.
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