Retail Sales. Australia, 02:30 (GMT+2)

The data on retail sales are due at 02:30 (GMT+2). It is expected that MoM the indicator will remain unchanged at the level of 0.3% in September. QoQ, the value is expected to drop to 0.4% in Q3 2018 from 1.2% in the previous period. The indicator shows changes in the volumes of sales in the retail sector. It's considered as an indicator of consumer expenditure as well as of the pace of the Australian economy. The growth of the indicator facilitates the growth of AUD. The decline of the indicator leads to weakening AUD.

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