Australian Sales Gain, Suggesting Rates May Increase (Update1) (Bloomberg.com)
Story date: 2007-10-03 12:49:24
Added on: 2007-10-03 14:31:27
Oct. 3 (Bloomberg) -- Australia's retail sales rose twice as much as economists forecast and imports climbed to a record in August, increasing speculation the central bank will raise interest rates from an 11-year high.
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