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Australian retail sales declined more than forecasted…

Retail sales volume in Australia fell in April…

The Bureau of Statistics in Australia confirmed today that volume of country’s retail sales declined in April by seasonally adjusted 0.2%.
As office reported previously in March index had grown by 1.1%.
Economists estimated at least 0.2% gain for last month.
Comparing with 2011 retail sales rose at annual rate of 3.1% in April 2012.

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