Australia's first quarter retail sales quarter-on-quarter

Australian Bureau of Statistics announced the Australia's first quarter retail sales quarter-on-quarter on 2025-05-02. against a forecast of 0.30%, with the prior figure recorded as 1.00%.

Regarding the Australia's first quarter retail sales quarter-on-quarter, The published value > expected value = positive for the Australian dollar; it is the primary measure of consumer spending, and consumer spending is the most significant component of overall economic activity. The service sector accounts for more than 70% of the Australian economy, so this data is very helpful in assessing the direction of the Australian economy, Retail Sale refers to the statistical summary of the amount of retail sales, which includes the total value of goods sold by all major stores primarily engaged in retail business, in cash or credit form, excluding the service industry.

This data holds an importance level of , calculated using The total value change in retail industry sales, released monthly rate data, and updates Each season.

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