The Australian dollar slumps on flat retail numbers

Stephen Morton/Getty Images

The Australian dollar fell hard on news of weak official retail sales numbers.

A short time ago, the dollar was trading at US 0.7690, down 0.30%.

According to the Australian Bureau of Statistics (ABS), sales growth was flat at 0.0% in seasonally adjusted terms, missing expectations for a gain of 0.4%.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.