Australia’s Retail Sales rise 0.2% MoM in August vs. 0.3% expected

Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.2% in August on a monthly basis, as against July’s 0.5% increase, according to the official data published by the Australian Bureau of Statistics (ABS) on Thursday.

The market consensus was for an increase of 0.3%.

more to come ...