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Financial News: Australia Retail Sales Data Due On Thursday

Australia Retail Sales Data Due On Thursday

07/27/2022 - 18:02:00 (RTTNews)

(RTTNews) - Australia will on Thursday release June figures for retail sales and Q2 data for import and export prices, highlighting a light day for Asia-Pacific economic activity.

Retail sales are predicted to rise 0.5 percent on month, slowing from 0.9 percent in May. Export prices were up 18.0 percent on quarter in Q1, while import prices rose 5.1 percent.

The Hong Kong Monetary Authority will conclude its discussion on monetary policy and announce its decision on interest rates; currently, the benchmark sits at 2.0 percent.

Finally, the markets in Thailand are closed on Thursday and Friday for King Maha's birthday and will re-open on Monday.

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