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View Full Version : Australia Retail Sales Unexpectedly Fell in December as Job Market Weakens - Bloomber



NewsWhore
02-05-2012, 08:20 PM
Australia Retail Sales Unexpectedly Fell in December as Job Market Weakens (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGSIJ6QCh2l88UjztnMupPMR9RoXg&url=http://www.bloomberg.com/news/2012-02-06/australia-retail-sales-unexpectedly-fell-in-december-as-job-market-weakens.html)
Bloomberg
It cited the strength of the local currency and “intense competition” for the weakness. Australia's higher borrowing costs relative to other developed-world economies and the mining-investment boom helped drive the Australian dollar to $1.1081 on July ...

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