Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Retail Sales s.a. (MoM) was 1.2% against a forecast of 0.4%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Retail Sales s.a. (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (MoM) | Bearish change | 9.1% | -3.3% | ||
| Imports (MoM) | Bearish change | -0.7% | -2.5% | ||
| Trade Balance (MoM) | Bearish change | 2341M | 1923M | ||
| S&P Global Composite PMI | Bullish change | 52.5 | 52.7 | ||
| S&P Global Services PMI | Bullish change | 52.9 | 53.2 | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.3% | 0.4% | ||
| Gross Domestic Product (YoY) | Bearish change | 2.5% | 2.1% | ||
| AiG Industry Index | Bullish change | -26.2 | -3.5 | ||
| Building Permits (MoM) | Bearish change | 6.9% | -3.6% | ||
| Private Capital Expenditure | Bearish change | 6.9% | -3.6% | ||
| S&P Global Composite PMI | Bearish change | 53.2 | 52.5 | ||
| S&P Global Manufacturing PMI | (no change) | 52 | 52 | ||
| S&P Global Services PMI | Bearish change | 53.6 | 52.9 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Consumption |
| Frequency: | Monthly |