Tag: Retail sales

  • Retail sales forecast 1995

    The Reserve Bank of Australia had lifted the cash rate by 2.75% between July and December 1994.  Charlie predicted that the retail sales growth rate would accelerate to mid-1995 before slumping. The rate of growth did accelerate and peak in mid-1995 before slumping from 10% to 3% in late 1996. This was documented in the […]