Retail Sales and Trade Balance in Australia

Australia’s seasonally adjusted retail sales fell to 0.1% in May, compared with a previous reading of 0.2% a month earlier revised to -0.1%, while analysts’ expectations were 0.3%.Trade Balance

Australia’s trade balance unexpectedly inclined in May to AU$670 million, compared with analysts’ expectations of AU$53 million, while the previous reading recorded AU$28 million which revised to AU$171 million.