Australian retail sales rose by more than expected in August as tax cuts and warmer weather encouraged households to spend more on dining out and on clothing and footwear, reinforcing the case for interest rates to remain on hold for the time being.
(Bloomberg) — Australian retail sales rose by more than expected in August as tax cuts and warmer weather encouraged households to spend more on dining out and on clothing and footwear, reinforcing the case for interest rates to remain on hold for the time being. Read More
