Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.2% in August on a monthly basis, as against July’s 0.5% increase, according to the official data published by the Australian Bureau of Statistics (ABS) on Thursday.

The market consensus was for an increase of 0.3%.

Market reaction

AUD/USD is shrugging off the disappointing Australian data. The spot is trading at 0.6363, up 0.20% on the day, as of writing.