Retail sales from Australia for the first month of the new year, flash reading
Up 0.6% m/m
- expected +2.0% m/m
- prior -4.1%
In seasonally adjusted terms, +10.7% in January 2021 compared with January 2020. That’s an encouraging y/y rise.
This flash read is, of course, subject to revision. The final January figures will be published on March 4.
This article was originally published by Forexlive.com. Read the original article here.