Global Economic News

Australia Retail Sales Jump 0.7% In August

The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at A$36.474billion.

That beat forecasts for a gain of 0.4 percent following the upwardly revised 0.1 percent increase in July (originally flat).

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by RTTNews Staff Writer

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