I posted on the upcoming retail sales data here ealreir:
I didn't mention the export and import price data also incoming.
(Very) brief comments via Wesdtpac this morning:
- Card data suggests retail sales should post a solid gain in June, concealing the backdrop of weakening confidence
- A strong lift in export prices is anticipated in Q2 given the strength of commodity prices ... while a higher AUD likely tempered the lift in import prices from global energy inflation
- The Federal Treasurer will also deliver a Ministerial Economic Statement to Parliament
