Australian Retail Sales drop 0.8% MoM in June vs. 0% expected Australia EconomicIndicator RetailSales AUDUSD PPI
Separately, the Stats agency reported the country’sOn an annual basis, Australia’s PPI inflation eased to 3.9% in the second quarter, as against a clip of 5.2% seen in Q1 while matching the market consensus of 3.9%.AUD/USD dropped to hit intraday lows at 0.6686 before rebounding to near 0..6705, where it now wavers. The spot is down 0.05% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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