Australian retail sales: The trend's not your friend Australian retail sales disappointed on the downside in August with an increase of 0.1% recorded. The reading, well below the 0.4% rate of July, subsequently the same level expected in August, was the weakest monthly print seen May this year. (VIEW LINK)
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James Marlay
David to you take a trend out of the historic data on retail sales? From the chart it appears to be pretty volatile...