We expect growth in the global economy to remain subdued out to 2026.
Insight
Online retail showed further encouraging signs of growth in June, to be 0.9% higher compared to May, and 9.5% higher compared to a year ago. On the other hand, ABS data showed negative comparable sales growth at traditional retailers in May, to be 0.3% lower than April
Online sales growth lifts again in June with expansion across most categories.
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