Australian retail sales 0.7% vs. 0.5% forecast


(MENAFN- FxPro) Retail sales in Australia rose more-than-expected last month, official data showed on Tuesday.

In a report, Australian Bureau of Statistics said that Australian retail sales rose to a seasonally adjusted 0.7%, from 0.3% in the preceding month.

Analysts had expected Australian retail sales to rise 0.5% .


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