Australia's retail sales declined for a second straight month in July as some regions went into lockdown following new cases of coronavirus infections, preliminary data showed Friday. Retail sales fell a seasonally adjusted 2.7 percent from June, when they dropped 1.8 percent, the Australian Bureau of Statistics said. Economists had forecast a 2.3 percent slump. The monthly decline was the worst s...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.