![]() Sydney Morning Herald |
Australia Retail Sales Rise More Than Forecast; Dollar Jumps
Businessweek Australian retail sales advanced more than economists forecast in May on stronger spending at restaurants and department stores, sending the local dollar to a two-month high as traders pared bets on an interest-rate cut. Australian retail sales outpace expectations in May Australian Dollar Boosted by Strong Retail Sales Australian retail sales up 0.5% in May |


