Australia retail sales (September) +0.1% m/m (expected +0.3%) & +0.5% q/q (prior -0.3%)

Australia retail sales data for both September and Q3, 2024.

Weak data in September: Retail Sales +0.1% m/m, well down from the growth seen in August

• expected +0.3%, prior +0.7%
• for the y/y +2.3% (prior +3.1%)

Retail Sales excluding inflation for Q3 +0.5% q/q, a decent rise

• expected +0.5%, prior -0.3%

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