Australia Retail Sales for June -1.8% m/m, same as the flash reading (prior +0.4%)
The prelim for the month was -1.8% so the final is not much of a surprise.
- lock-downs in Melbourne for two weeks from May 28
- and then in the back part of June for Sydney, Brisbane, Perth and Darwin
Further data also, Q2 retail sales +0.8% q/q vs. +0.9% expected.
Meanwhile at the Reserve Bank of Australia yesterday: