Retail Sales Scream Recessionary - If You Look Under The Hood!

Digital Finance Analytics (DFA) Blog

Feb 29 2024 | 00:07:21

00:00 / 00:07:21

Show Notes

We got the January 2024 retail data from the ABS today, and they reported that Australian retail turnover rose 1.1 per cent (seasonally adjusted) in January 2024. This follows a fall of 2.1 per cent in December 2023 and a rise of 1.5 per cent in November 2023. Economists were divided on what to expect, with some looking for 1.5% monthly rebound, while others like Westpac were expected just a 0.3% rise. The National Retail Association said the latest trade figures reveal the uphill struggle retailers face in 2024 if consumer sentiment remains low and trade continues to slow, despite […]

Other Episodes

Episode

September 21, 2024 • 00:27:57

Damp Squib Of A Rate Cut Has Markets On Watch!

This is our weekly market update, designed to help me digest what is happening, starting in the US, probably the most consequential market in...

Episode 0

July 14, 2021 • 00:24:12

The Uncertainty Principle: The DFA Daily 14th July 2021 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. In today’s show we unpick the latest US CPI...

Episode 0

January 02, 2022 • 00:42:56

2022: Icebergs Ahead!

From the upcoming Federal Election, to market corrections, Gold, and Crypto we discuss the main themes for the new year. We highlight some of...