Australia’s Retail Sales Stall In July, Defying Economists’ Predictions of Growth

Australia’s Retail Sales Stall In July, Defying Economists’ Predictions of Growth

Contrary to forecasts by economists of a 0.3% rise in July, the retail trade figure remained static at 0% for the year after upbeat results in May and June, according to the latest data by Australian Bureau of Statistics. While June saw a rise of 0.5%, retail sales were unchanged during July, as spending on … Read more