Retail sales in Australia add 0.4% in July

Note: This section contains information in English only.
Source: The Wall Street Journal
Volume of retail sales in Australia advanced 0.4% in July of the current year on a monthly basis, as the result matched analysts' expectations. It followed an increase of 0.6% in June. Consumer confidence level in the country is rebounding moderately, as it has declined sharply after budget spending cuts and tax rises for the 2014-15 financial year were announced by the Government in May.

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