Australia’s retail sales: a tad better in Oct, matched estimates

FXStreet (Mumbai) - As published by Australian Bureau of Statistics (ABS), Australia’s retail volumes rose 0.5% in October 2015 following an increase of 0.4% in September 2015, coming in line with estimates.

The trend estimate for Australian retail turnover rose 0.3% in October 2015 following a 0.3% rise in September 2015. The trend estimate rose 3.9% y/y in October 2015.