Australia retail sales rose 0.8% M/M in November. Although it's a solid print, it's still weaker than market expectations (+1.0%). The nominal retail sales index has been making new highs, but the real retail sales index (i.e., inflation-adjusted) has only returned to May 2023 levels. - Sky-Tide Media

Australia retail sales rose 0.8% M/M in November. Although it’s a solid print, it’s still weaker than market expectations (+1.0%). The nominal retail sales index has been making new highs, but the real retail sales index (i.e., inflation-adjusted) has only returned to May 2023 levels.

Australia retail sales rose 0.8% M/M in November. Although it's a solid print, it's still weaker than market expectations (+1.0%). The nominal retail sales index has been making new highs, but the real retail sales index (i.e., inflation-adjusted) has only returned to May 2023 levels.

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