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Reuters

Reuters

World

World

Australia shoppers lured by discounts, shore up economy in 4Q

Reuters
Summary
Nutrition label

79% Informative

Australian retail sales dipped in December as pay back for Black Friday splurge.

But discounting helped shoppers make a contribution to economic growth over the whole fourth quarter .

Fourth quarter sales rose a real 1.0% to A$105.8 billion ( $64.93 billion ), topping forecasts of a 0.8% gain.

The Reserve Bank of Australia is expected to deliver its first rate cut in four years .

VR Score

91

Informative language

98

Neutral language

59

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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