Source Australian Bureau of Statistics (latest release)
Measures Change in the total value of sales at the retail level;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 30 days after the month ends;
Next Release Sep 2, 2008
FF Notes This is the earliest and broadest look at vital consumer spending data;
Why Traders
Care It's the primary gauge of consumer spending, which accounts for a majority of overall economic activity;
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