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Tuesday, July 27, 2021

Australia retail sales June slump cloud Q3 growth outlook

SYDNEY: Australian retail sales slumped in June as coronavirus lockdowns and mobility restrictions in much of the country hit demand, clouding the outlook for the third quarter as COVID-19 cases continue to rise.

Retail turnover in June fell 1.8 per cent from a month earlier, the biggest drop this …

This post courtesy of channel_news_Asia

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