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Australia’s Retail Sales drops 0.3% MoM in February vs. 0.4%...

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    Australia’s Retail Sales drops 0.3% MoM in February vs. 0.4% expected




    Australia’s Retail Sales, a measure of the country’s consumer spending, dropped 0.3% MoM in February from the previous reading of a 1.1% rise, according to the official data published by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in weaker than market expectations with an increase of 0.4%.
 
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