Published 09/28/2023 10:07:30 p.m.

Australian Retail Sales Cool, Boosting Case to Extend Rate Pause

Summary by Bloomberg

Australian retail sales rose at a weaker pace than expected in August in a sign that the Reserve Bank’s rapid interest-rate increases are weighing on the economy.

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Bloomberg

Australian Retail Sales Cool, Boosting Case to Extend Rate Pause

Australian retail sales rose at a weaker pace than expected in August in a sign that the Reserve Bank’s rapid interest-rate increases are weighing on the economy.

09/28/2023 10:07:30 p.m.·United States

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