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Economic News, RBA
April 22, 2020
259 views 3 mins 0

Australian retail sales surge in March, might avert first-quarter GDP contraction

By Administrator_India Capital Sands Australian retail sales surged by the most on record in March as a lockdown for the coronavirus spurred panic buying of food and other staples, perhaps saving the entire economy from a damaging contraction in the first quarter. Sales will likely plunge back in April due to strict social distancing rules […]

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