Australia preliminary retail sales for May +0.1% m/m (expected +0.4%)

Author: Eamonn Sheridan | Category: News

A miss at up just 0.1% on the month 

  • expected 0.4% m/m, prior 1.1%
State of Victoria dropped 1.5%, offset by other states though. Victoria is now out of its lockdown so should see a bounce in sales in June. 

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