![Australia Retail Sales Jump, Boosting Case for RBA Hike](https://img.easybranches.com/uploads/news/2024/07/australia-retail-sales-jump-boosting-case-for-rba-hike.jpg)
(Bloomberg) — Australian retail sales rose by more than expected in May with spending largely driven by discounts in the face of elevated borrowing costs, an outcome that further strengthens the case for an interest rate hike this year. Read More
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