Home / Market Update / Australia retail sales rose in June

Australia retail sales rose in June

Preliminary data from Australia showed retail sales rose 2.4% MoM in June, compared to May’s 16.9%. Rises in Cafes, restaurants and takeaway food services exceeded 20% MoM for the second consecutive month, while Clothing, footwear and personal accessory retailing rose around 19% MoM

Check Also

Wall Street Finds Relief as Inflation Data Meets Expectations

Wall Street ended the week on a positive note after fresh U.S. inflation data reassured …