Consumer spending has been weighed upon by slow wage growth, a key concern of the Reserve Bank of Australia
A miss for this in July, comes in flat at 0.0% change m/m
- expected 0.2% m/m, prior 0.3%
The trade balance also missed
AUD marked down a few points on the two misses
Update:
Retail sales had bounced back in Q2, this quarter not getting off to as positive a start though
