Australian Retail Sales Dip 0.2% in October Amid Inflation Concerns
The latest report from the Australian Bureau of Statistics (ABS) reveals a 0.2% decline in October’s retail sales, reaching A$357.67 billion. This decrease is attributed to growing consumer apprehension regarding inflation and the impact of high interest rates on spending habits. According to the ABS findings, while there was an uptick in retail sales for …
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