The surge in toilet paper sales has led to a sharp surge in retail sales in Australia as a whole, with a record high. The growth rate in March accelerated to 8.2% compared with the previous month, according to preliminary data from the Australian Bureau of Statistics (ABS).
The growth rate in March was a record, which is explained by the rush demand for food and essential goods in isolation.
Although there is some concern that this indicator does not reflect the whole picture, the market perceives it as a signal for economic recovery. Recommendation - buy the #AUDUSD currency pair.
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Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader #Australia #ABS #AUDUSD
The growth rate in March was a record, which is explained by the rush demand for food and essential goods in isolation.
Although there is some concern that this indicator does not reflect the whole picture, the market perceives it as a signal for economic recovery. Recommendation - buy the #AUDUSD currency pair.
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Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader #Australia #ABS #AUDUSD
