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 strongly bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Retail Sales s.a. (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bearish change | 4.7% | 4.6% | ||
| Westpac Consumer Confidence | Bullish change | -9% | -1.7% | ||
| Exports (MoM) | Bearish change | 2.8% | -2.9% | ||
| Imports (MoM) | Bearish change | 2.4% | 0.2% | ||
| Trade Balance (MoM) | Bearish change | 4353M | 2936M |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Consumption |
| Frequency: | Monthly |