Australia retail sales dropped -4.4% mom in Dec, but turnover remains strong

<p>Australia retail sales dropped -4.4% mom in December, much worse than expectation of -1.9% mom. That’s also the largest monthly decline since April 2020. “Despite this month’s fall, retail turnover remains strong, up 4.8 per cent on December 2020, with strong consumer spending continuing post the Delta Outbreak,” Ben James, Director of Quarterly Economy Wide […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/427473-australia-retail-sales-dropped-4-4-mom-in-dec-but-turnover-remains-strong/">Australia retail sales dropped -4.4% mom in Dec, but turnover remains strong</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>