Retail sales and ANZ business confidence data will show pulse of economy

Sun, 24 Feb 2019

By Jenny Ruth Feb. 25 (BusinessDesk) - December quarter retail sales data today should provide more indications that the economy continues to hum along, albeit at a slower pace than previously. The data is expected to show retail sales rose about 0.5 percent in the last three months of 2018, up from a flat result in the September quarter, a softer outcome than economists had expected. Figures on retail spending using electronic cards in the December quarter released last month showed a 0.5 percent increase in spending in core retail in...

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