Wed, 29 Feb 2012 14:20:32 GMT
Retail sales in Australia met expectations in January
Australian retail sales increased in compliance with expectations last month, according to Australian Bureau of Statistics. The retail sales jumped by 0.3% on a seasonally adjusted basis last month as compared to a 0.1% fall in December. On an annual basis, retail sales increased by 2.7% in January. Following the data release, Australian Dollar appreciated against US counterpart and the