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Australia's Retail Sales Rise Modestly In January

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australia's retail sales rose in January, but disappointed economists' expectations as consumers pared back on food shopping. Retail sales increased a seasonally adjusted 0.3% on month in January, according to the Australian Bureau of Statistics, compared with December's result that was flat, but slightly below economists' forecast of a 0.4% rise.[​IMG]

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