Retail sales to show economy continues to sputter along

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Retail sales to show economy continues to sputter along

Retail sales figures should show the Australian economy continues to “muddle along” without setting off too many alarm bells about an imminent recession or inflation kicking off again.

Economists expect the Australian Bureau of Statistics on Tuesday to reveal retail trade picked up 0.4 per cent in August after a softer July reading in which turnover failed to grow.

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