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Australia Retail Sales Fall For Second Month

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.

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by RTTNews Staff Writer

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