Australia Q1 retail sales volumes fall for a second straight quarter

SYDNEY¬† – Australian retail sales volumes during the first quarter of 2023 fell for a second straight quarter, a sign that rising interest rates and the high cost of living are working to curb consumer spending. Data from the Australian Bureau of Statistics on Tuesday showed real retail sales fell 0.6 percent in the first … Continue reading Australia Q1 retail sales volumes fall for a second straight quarter