Australian February retail sales +0.2% m/m (expected +0.1%)

  • Preliminary retail sales data, Australia, for February 2023

Australian February retail sales +0.2% m/m

  • expected +0.1%, prior +0.4%
  • preliminary reading, more will follow on April 3

For the y/y, up 6.4%. Looked at over the quarter since November retail sales are down circa 2%.

Australia February retail sales preliminary 28 March 2023

AUD is heading a little higher but its more of a US dollar move than AUD.

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