Australia's seasonally adjusted retail sales month-on-month for April

2025/05/30 01:30:00

Australian Bureau of Statistics announced the Australia's seasonally adjusted retail sales month-on-month for April on 2025-05-30. The reported figure stands at -0.1%, against a forecast of 0.3%, with the prior figure recorded as 0.30%.

Regarding the Australia's seasonally adjusted retail sales month-on-month for April, A published value greater than the expected value is favorable for the Australian dollar; it is the primary measure of consumer spending, which is the main component of overall economic activity. The service sector accounts for more than 70% of the Australian economy, making this data very helpful in assessing the direction of the Australian economy, Retail Sale refers to the statistical summary of the retail sales amount, which includes the total value of goods sold by all major stores engaged in retail business in cash or credit form, excluding the service industry.

This data holds an importance level of , calculated using The total value change of retail industry sales, monthly rate data released, and updates monthly.

This content is AI-generated.Please verify before use.

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