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FIGURES EXPECTED TO SHOW STRONG AUSTRALIAN RETAIL GROWTH.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CANBERRA, Nov 1 Asia Pulse - Economists are predicting that figures due out later today will reveal shoppers are spending freely again.

Some economists are tipping retail sales figures for September to rise by 0.6 per cent on the back of mild figures the previous month.

A rise would spell good news for the economy following yesterday's big plunge in approvals to build new homes.

Building approvals dropped 19.4 per cent to 14,135 in September, the biggest monthly fall on record, the Australian Bureau ...

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