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The Australian Bureau of Statistics released its retail sales data on Friday. Retail sales in Australia were flat in December, missing expectations for a 0.5% rise, after a 0.4% gain in November.
Household goods sales were up 0.4% in December, department stores sales increased 0.4%, and food sales rose 0.4%, while clothing, footwear and personal accessory sales climbed 0.4%.
On a yearly basis, retail sales climbed 4.2% in December, after a 4.3% rise in November.
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