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Australian retail sales surge in November on iPhone, Black Friday spree

The Australian Bureau of Statistics says retail sales jumped 1.2% in Nov from Oct, when they rose 0.5%


AUSTRALIAN retail sales boasted the biggest monthly rise in four years in November as consumers splashed out on Apple iPhones and Black Friday promotions, a major boost for an economy that had been struggling with sluggish spending.

The Australian dollar jumped a third of a...

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