Australian March retail sales

+0.3% m/m, improved from February but not by as much as was expect

  • expected +0.4%, prior +0.2%

0.0% q.q in Q1 2025

  • prior +1.0%

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Data also for PPI, Q1 2025:

+0.9% q/q

  • prior +0.8%

+3.7% y/y

  • prior +3.7% also

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AUD rose earlier on the China news:

audusd 02 May 2025 2
Source: Forex Live