Brien McDonald, Senior Economist at NAB, notes that in seasonally adjusted terms, at 1.2%, Australia’s online retail sales slowed in June while the 12 months to growth rate is also a bit slower. Key Quotes “In the 12 months to June, Australians spent an estimated $26.5 billion on online retail.” “Sales growth accelerated (+1.2%) in month-on-month (mom) terms in June, down from May (+1.6%, mom, s.a.).” “Rapid growth in the Department and variety stores category continues a recent uptrend in that sector.” “Domestic online retailer sales were up (+1.4% mom, s.a.) , while the International competition contracted slightly (-0.2% mom, s.a.)” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: Bears eyeing downside break of key rising trendline FX Street 5 years Brien McDonald, Senior Economist at NAB, notes that in seasonally adjusted terms, at 1.2%, Australia's online retail sales slowed in June while the 12 months to growth rate is also a bit slower. Key Quotes "In the 12 months to June, Australians spent an estimated $26.5 billion on online retail." "Sales growth accelerated (+1.2%) in month-on-month (mom) terms in June, down from May (+1.6%, mom, s.a.)." "Rapid growth in the Department and variety stores category continues a recent uptrend in that sector." "Domestic online retailer sales were up (+1.4% mom, s.a.) , while the International competition contracted slightly (-0.2% mom,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
