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Australian retail sales, November 2024: +0.8% m/m (vs. expected +1.0%, prior +0.6%)

Australian retail sales November 2024

+0.8% m/m and +3.0% y/y

AUD/USD is dribbling a little lower. The miss on estimates is being viewed in light of steep discoutning during the sales period, and yet still it’s a miss. RBA rate cut proponents grabbing hold of this data.

This article was written by Eamonn Sheridan at www.forexlive.com.

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