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

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

At 03:30 (GMT+2), Australia will release August data on retail sales. 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 decrease from the current 1.3% to 0.4% MoM, which may negatively affect the dynamics of the Australian dollar.

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