Australia Retail Sales for July: -0.1% m/m (expected 0.2%)

Retail Sales have been slow, another solid miss in the data for July.

Down 0.1% m/m

• expected 0.2%, prior 0.4%

A bad beginning to Q3.

More:

Trend estimate for Australian retail turnover rose 0.1 per cent in July 2019

• following a 0.2 per cent rise in June 2019

Compared to July 2018, the trend estimate rose 2.4 per cent

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Background here:

• Australia Retail Sales for July - data due 0130GMT