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

July 15, 2024 • 00:07:35

The Chilly Economic Winds Hits Kiwi Property Market!

Latest data from REINZ shows further momentum falls across property sales and prices in New Zealand, as the higher rates continue to squeeze households...

Episode

February 04, 2020 • 00:07:35

Mortgage Stress Update – January 2020 [Podcast]

We look at the latest results from our Household Surveys. https://www.moneysmart.gov.au/ Share this:EmailPrintTwitterFacebookLinkedInReddit

Episode

June 21, 2019 • 00:31:39

Are MMT And Helicopter Money Monetary Socialism? [Podcast]

We continue our series on MMT with a discussion between Wilson N. Sy (Ex. APRA and ASIC), Economist John Adams and Analyst Martin North...