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Australian retail remains ‘subdued’
date:Jul 26, 2012
h trend in nominal retail trade since January 2012.
While the Index predicts growth will pick up in the September 2012 quarter compared with the 2011 September quarter, it will remain at a moderate 3.2 per cent.
The series of Reserve Bank of Australia interest rate cuts since November 2011 and recent Federal Government Family Assistance Package payments may some be factors influencing the uplift in recent spending.
AFGCs Acting Chief Executive Geoffrey Annison said consumer sentiment remained we

12/21 18:34