Australia Retail Sales s.a. (MoM) registered at -0.2%, below expectations (0.1%) in October

Nov 28, 2023

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Australia’s Retail Sales drop by 0.2% MoM in October vs. 0.9% prior

Australia’s Retail Sales, a measure of the country’s consumer spending, dropped by 0.2% MoM in October from the previous reading of a 0.9% rise, according to the official data published by the Australian Bureau of Statistics (ABS) on Tuesday.