SYDNEY :Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but the rise missed forecasts suggesting the boost poses no impediment to rate cuts. Analysts suspect the extra demand was just brought forward from Christmas, with markets still wagering the Reserve Bank of Australia could ease policy in February. Retail sales gained 0.8 per cent on a seasonally adjusted basis, after rising 0.5 per cent in October, data

Tag-uri: Black Friday