The typical/expected impact on AUD pairs is high.
The consensus forecast for Retail Sales s.a. (MoM) is 0.4%. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Retail Sales s.a. (MoM) was 0.2% against a forecast of 0.3%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Retail Sales s.a. (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (QoQ) | Bullish change | 0.2% | 0.9% | ||
Consumer Price Index (YoY) | (no change) | 2.4% | 2.4% | ||
RBA Trimmed Mean CPI (QoQ) | Bullish change | 0.5% | 0.7% | ||
RBA Trimmed Mean CPI (YoY) | Bearish change | 3.3% | 2.9% | ||
Judo Bank Composite PMI | Bearish change | 51.6 | 51.4 | ||
Judo Bank Manufacturing PMI | Bearish change | 52.1 | 51.7 | ||
Judo Bank Services PMI | Bearish change | 51.6 | 51.4 | ||
National Australia Bank's Business Confidence (QoQ) | Bullish change | -5 | -4 |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Consumption |
Frequency: | Monthly |