Track AU Quarterly Retail Sales to gauge consumer spending, a key economic activity driver.
This is the main indicator of consumer spending, which represents a significant portion of overall economic activity. Reporting in inflation-adjusted terms began in November 2008 and was discontinued in February 2009.
What it Measures
This metric reflects the change in the total value of inflation-adjusted retail sales.
Usual Effect
When the actual figure exceeds the forecast, it is favorable for the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • The data is released quarterly, approximately 45 days after the end of the quarter.
How Data is Derived
N/A
Also Known As
Retail Sales Ex Inflation
Acronym
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