Australia retail sales down -0.2% mom in Oct, strategic delay for Black Friday

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<p>Australia’s retail sales turnover in October displayed an unexpected downturn, falling by -0.2% mom, contrary to the anticipated rise of 0.1% mom. This decline follows a period of growth, with 0.9% mom increase in September and 0.2% mom rise in August. Ben Dorber, head of retail statistics at ABS, noted “Retail turnover fell in October […]</p>
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