CommSec Senior Economist Ryan Felsman takes a look at the economic events scheduled for the week ahead, including retail sales, job ads and building approvals. Show More
retail sales
Retail sales rose by 0.5% in October after climbing 0.1% in September – the strongest outcome in five months. The result was better than the 0.3% rise economists had been expecting. Show More
Monthly retail trade: Sales were largely flat in September. But sales by chain-store retailers and other large retailers rose by 0.3 per cent in September to stand 3.5 per cent higher over the year. Show More
Retail trade fell 0.6 per cent in August after a downwardly-revised fall of 0.2 per cent in July. Sales had averaged gains of 0.4 per cent a month in the previous four months. Annual sales growth fell from 3.5 per cent to 3.1 per cent. Show More
CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including RBA Board Meeting, Retail Sales and International Trade data. Show More
A couple of days ago the Australian Bureau of Statistics released the latest retail sales figures, touching on many of the retail segments services by the ASX listed retailers. Overall sales increased 3.1% for January and 3.4% for the year, and continued to reduce from the strong 6% growth rates... Show More
CommSec Senior Economist Savanth Sebastian takes a look at the economic events scheduled for the week ahead, including retail sales, the RBA Board Meeting and the US non-farm payrolls data. Show More
CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including building approvals, business investment, retail sales and US non-farm payrolls data For more Economic Insights, visit https://www.commsec.com.au/market-news/the-markets.html Show More
CommSec Chief Economist Craig James takes a look at the economic data due out in the week ahead, including the monthly inflation gauge, RBA Board meeting, GDP & retail sales MORE ECONOMIC INSIGHTS AT https://www.commsec.com.au/market-news/the-markets.html Show More
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Good Morning, Show More
This week saw the RBA take a less strident tone in its discussion of the AUD, with the currency now seen as "adjusting to the significant declines in key commodity prices"; previously, a further depreciation of the AUD was regarded as being both “likely and necessary”. The August Statement on... Show More
U.S. retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, raising concerns the economy was slowing again. Show More
This week, dwelling approvals; the trade balance; and (after the weekly update was recorded) retail sales were the focus. In May, dwelling approvals beat expectations; high rise approvals drove the result and, unsurprisingly, activity was concentrated in NSW and Vic. A further positive from this report was that we saw... Show More
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The impending release of Australian retail sales data tomorrow will put the focus on our listed retailers and help set the scene for next month's reporting season. But there's one stock with more to prove come February. Economists are forecasting a 0.2% rise in retail spending for the month of November... Show More
Retail sales in the US came in lower than expected for June, but the big picture still looks strong. June retail spending rose 0.2%, compared to the 0.6% expected by the market. However, May's number was revised upward from 0.3% to 0.5%. More importantly, the annual trend in retail spending... Show More
A fair amount of economic news out today has mixed implications for the US economy. First off, retail sales didn't quite come in as high as expected, but the bigger picture still looks good Retail sales rose 0.3% in May compared to the 0.6% expected by analysts. However, the annual... Show More
GDP figures released this week showed the Australian economy grew 1.1% in the first quarter. The better-than-expected figure driven by a surge in coal and iron ore exports. We believe the latest GDP figure paints an overly optimistic picture of the economy. In reality a number of sectors are flagging,... Show More
US Retail Sales for April were something of a disappointment, but the news was not all bad. First off, sales increased by 0.1% for March, clearly disappointing those hoping March's brisk pace would continue. However, March's blowout retail sales had a lot to due with a recovery after the harsh... Show More