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Australia on sale: Retail price war raises spectre of deflation

SYDNEY, July 25- Signs announcing a sale are almost permanent fixtures in shop fronts in Sydney, but customers are still wary of spending- a worrying sign as falling inflation pushes the central bank to step up its support of the economy. It's mental, "said Paulina Kelly, who works at fashion store Page One in central Sydney. Australia is still some way from outright...

Source: Reuters

Australia on sale: Retail price war raises specter of deflation

SYDNEY, July 25- Signs announcing a sale are almost permanent fixtures in shop fronts in Sydney, but customers are still wary of spending- a worrying sign as falling inflation pushes the central bank to step up its support of the economy. It's mental, "said Paulina Kelly, who works at fashion store Page One in central Sydney. Australia is still some way from outright...

Source: Reuters