Retail sales in Australia met expectations in January

Note: This section contains information in English only.
Source: Forexpros
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 pair AUD/USD traded at 1.0809, gaining 0.38%.


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