Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.
The reading came in below the market expectations of 0.3%.
Market reaction to Australia’s Retail Sales data
At the time of writing, the AUD/USD pair is down 0.15% on the day at 0.6430.
