Australia Retail Sales Rise 0.3% On Month In June

Retail sales in Australia were up a seasonally adjusted 0.3 percent on month in June, the Australian Bureau of Statistics said on Friday - coming in at A$26.150 billion.

That beat expectations for an increase of 0.2 percent following the 0.6 percent gain in May.

For the second quarter of 2017, retail sales climbed 1.5 percent on quarter to A$76.203 billion.

That also exceeded expectations for a gain of 1.2 percent following the upwardly revised 0.2 percent increase in the three month prior (originally 0.1 percent).

News are provided by InstaForex