Retail Sales. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, Q1 data on retail sales will be released. The indicator captures the volume of all goods sold by retailers based on a sample of stores of different types and sizes. It is an important indicator of consumer spending and significantly impacts the gross domestic product. It is expected that the Q1 value will decrease from 8.2% to 1.0%, which may negatively affect the dynamics of the Australian dollar.

Source link

Leave a Reply

Your email address will not be published.