Australian Retail Sales report sept 3 2012

forex trading outlook today - Australian Retail Sales report sept 3 2012 : 02:30 – Australian Retail Sales: This monthly report will refer to the developments in Australia’s retail sales report for July 2012. The retail sales (seasonally adjusted) rose by 1% in June; this news may affect the strength of the Aussie dollar;

Australian retail sales fell 0.8% in July
Australian retail sales fell 0.8% in July on a seasonally-adjusted basis, the Australian Bureau of Statistics reported Monday. Department stores were the largest contributor to the fall, with a 10.2% drop in sales, the ABS reported. Retail sales has risen 1.2% in June and 0.6% in May on an adjusted basis. Economists had been expecting a 0.2% rise in sales for July, according to data compiled by Dow Jones Newswires.

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