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Saturday, June 8, 2013

Retail Sales

Is an indicator measures the total sales of goods to retailers, this is considered the most important indicator of consumer spending indicators.

Release date:

Longer on a monthly basis, but it issued after the end of the month to 30 days.

Type Indicator:

Consumer spending index

Source:

Australian Bureau of Statistics

The impact of the index:

News of strong capable of moving the market immediately after its release, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the real value of the index when it is published less than expected to be negative for the currency.

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