Australia’s retail sales falls -2.7% mom, spending remains subdued

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Australia retail sales turnover fell -2.7% mom to AUD 35.19B in December, worst than expectation of -1.9% mom. Annually, sales fell -0.8% yoy. Ben Dorber, ABS head of retail statistics, said: “The large fall in retail turnover in December was caused by a fall in discretionary spending. Consumers brought forward some of their usual December […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/537402-australias-retail-sales-falls-2-7-mom-spending-remains-subdued/">Australia’s retail sales falls -2.7% mom, spending remains subdued</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>