OctaFX | OctaFX Forex Broker
Open trading account
Back

Australian Sept retail sales bang on consensus

FXStreet (Bali) - Australian retail sales came in line with expectations at 0.4% for the month of September.

SEPTEMBER KEY POINTS - ABS

CURRENT PRICES

The trend estimate rose 0.3% in September 2015. This follows a rise of 0.3% in August 2015 and a rise of 0.3% in July 2015.

The seasonally adjusted estimate rose 0.4% in September 2015. This follows a rise of 0.4% in August 2015 and a fall of 0.1% in July 2015.

In trend terms, Australian turnover rose 3.7% in September 2015 compared with September 2014.

The following industries rose in trend terms in September 2015: Other retailing (0.6%), Food retailing (0.2%), Cafes, restaurants and takeaway food services (0.4%), Household goods retailing (0.3%). Department stores (0.0%) was relatively unchanged. Clothing, footwear and personal accessory retailing (-0.1%) fell in trend terms in September 2015.

The following states and territories rose in trend terms in September 2015: Victoria (0.5%), New South Wales (0.3%), Western Australia (0.3%), Tasmania (0.3%), South Australia (0.1%) and the Northern Territory (0.1%). The Australian Capital Territory (0.0%) was relatively unchanged. Queensland (-0.1%) fell in trend terms in September 2015.

VOLUME MEASURES

In volume terms, the trend estimate for Australian turnover rose 0.6% in the September quarter 2015.

RBA: Another rate cut expected in Q1 2016 - HSBC

Low inflation in Australia, coupled with Tuesday's RBA monetary policy statement - more dovish - means that Paul Bloxham, Chief Economist, Australia and New Zealand at HSBC, now expects another cut by the RBA in Q1 2016.
Read more Previous

PBOC sets USD/CNY mid-point at 6.3343

PBOC sets USD/CNY mid-point at 6.3343 vs yesterday's fix of 6.3310 and yesterday's close at 6.3366.
Read more Next
Start livechat