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Australian retail sales beat expectations

AUDUSD News by Newsroom on 20:49 Octuber 04, 2016 EST
Retail sales in Australia rose more than expected in September, official data showed on Wednesday.

The Australian Bureau of Statistics said in its latest report that Australian retail sales rose to a seasonally adjusted 0.4%, from 0.0% in the preceding month.

Analysts expected Australian retail sales to rise 0.2% last month.