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Australia’s Retail Sales climb 0.5% MoM in June vs. 0.2% expected

Jul 31, 2024 1:30 AM

Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.5% MoM in June after increasing by 0.6% in May, the official data published by the Australian Bureau of Statistics (ABS) showed on Wednesday.

The reading came in above the market expectations of a 0.2% growth.

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