Australia's retail sales flat in July, misses estimates

seekingalpha08-30

Retail sales in Australia stagnated from a year earlier in July 2024, missing market forecasts of a 0.3% rise and coming after growth in the prior three months. Through the year to July, retail trade ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2463219278?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1145216877/image_1145216877.jpg","is_english":true,"pubTime":"2024-08-30 12:40","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2463219278","market":"sg","top_or_hot":-1,"title":"Australia's retail sales flat in July, misses estimates","media":"seekingalpha","content":"<div>\n<p>Retail sales in Australia stagnated from a year earlier in July 2024, missing market forecasts of a 0.3% rise and coming after growth in the prior three months. Through the year to July, retail trade ...</p>\n\n<a href=\"https://seekingalpha.com/news/4145354-australias-retail-sales-flat-in-july-misses-estimates\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia's retail sales flat in July, misses estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia's retail sales flat in July, misses estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-30 12:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4145354-australias-retail-sales-flat-in-july-misses-estimates><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail sales in Australia stagnated from a year earlier in July 2024, missing market forecasts of a 0.3% rise and coming after growth in the prior three months. Through the year to July, retail trade ...</p>\n\n<a href=\"https://seekingalpha.com/news/4145354-australias-retail-sales-flat-in-july-misses-estimates\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EWA","symbol_name":"澳大利亚ETF-iShares MSCI","start_time":0,"source_url":"https://seekingalpha.com/news/4145354-australias-retail-sales-flat-in-july-misses-estimates","article_id":"2463219278","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1145216877/image_1145216877.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463219278","pubTimestamp":1724992840,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Retail sales in Australia stagnated from a year earlier in July 2024, missing market forecasts of a 0.3% rise and coming after growth in the prior three months. Through the year to July, retail trade rose by 2.3%, softer than June's 13-month high of 2.9%.  Separate data showed private sector credit in Australia rose by 0.5% month-on-month in July 2024, slightly softer than the strongest pace in 21 months of 0.6% growth in the previous month but above market forecasts of 0.4%. The S&P/ASX 200 Index rose 0.4% to around 8,080 on Friday, reversing losses from the previous session. ETFs: , , .  More on Australia  Australia’s monthly CPI indicator rise hotter than expected in July to 3.5% Y/Y RBA minutes: No near-term rate cut expected as inflation persistently remains above target Australia's trade surplus widens more than expected, exports growth outpaces rise in imports Australia's Q2 inflation rate rises as expected, monthly CPI inflation eases to 3.8% Australia reports Q1 GDP growth of ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EWA":"澳大利亚ETF-iShares MSCI","BK4582":"ESG ETF-MSCI","FLAU":"Franklin FTSE Australia ETF","FXA":"澳元ETF-CurrencyShares"},"translate_title":"澳大利亚7月零售额持平，低于预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EWA":1,"FLAU":1,"FXA":1},"content_text":"Retail sales in Australia stagnated from a year earlier in July 2024, missing market forecasts of a 0.3% rise and coming after growth in the prior three months. Through the year to July, retail trade rose by 2.3%, softer than June's 13-month high of 2.9%.  Separate data showed private sector credit in Australia rose by 0.5% month-on-month in July 2024, slightly softer than the strongest pace in 21 months of 0.6% growth in the previous month but above market forecasts of 0.4%. The S&P/ASX 200 Index rose 0.4% to around 8,080 on Friday, reversing losses from the previous session. ETFs: (EWA), (FXA), (FLAU).  More on Australia  Australia’s monthly CPI indicator rise hotter than expected in July to 3.5% Y/Y RBA minutes: No near-term rate cut expected as inflation persistently remains above target Australia's trade surplus widens more than expected, exports growth outpaces rise in imports Australia's Q2 inflation rate rises as expected, monthly CPI inflation eases to 3.8% Australia reports Q1 GDP growth of 0.1% below estimates","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463219278"}