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Worth highlighting that Australian........>

AUSTRALIA
AUSTRALIA: Worth highlighting that Australian retail sales volumes fell by 0.1%
in Q/Q terms during Q1 (the first negative reading since 2012), which doesn't
bode well for GDP, and gives more credence to the RBA's worry re: the wealth
effect of housing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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