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 0

November 26, 2022 • 00:27:00

The Markets Believe ... Honest ...! [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. “CONTENTS* 0:14 Introduction0:41 US Markets5:50 European And UK Markets7:40...

Episode 0

April 11, 2022 • 00:56:37

Its Edwin's Monday Evening Property Rant! [Podcast]

More from our Property Insider, Edwin Almeida. In today’s show we look at lock-downs in China, the latest auction and listings, and the current...

Episode 0

August 05, 2022 • 01:04:38

Raising Rates - Into A Recession: With Tarric Brooker [Podcast]

My latest Friday afternoon chat with Journalist Tarric Brooker about economics, monetary police and social trends. His charts are available to view at https://avidcom.substack.com/p/charts-that-matter-5th-august-2022...