Australia retail sales news: turnover lifts 0.4% in November
Australia’s retail sales report reveals turnover lifted to 0.4% in November coming in higher than forecasts
According to the Australian Bureau of Statistics, Australia’s retail sales report reveals turnover lifted to 0.4% in November coming in higher than forecasts.
Economists had forecast an increase in turnover of 0.3%, the same as October.
It is predicted the figures could lead to a spike in December's report, as Christmas turnovers are expected higher.
The Australian dollar effected, challenging $0.7200 on the back of the news.
More to come..
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