Australia Australia

Retail Sales. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, July data on retail sales will be released. The indicator captures the volume of all goods sold by retailers based on a sample of stores of different types and sizes.It is an important indicator of consumer spending and significantly impacts the gross domestic product.

It is expected that the value will increase from the current 0.2% to 0.3% MoM, which may positively affect the dynamics of the Australian dollar..

DMCA