ASX LIVE: ASX seen lower, Reserve Bank of Australia rate decision awaited

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ASX to open lower, though dip buying in New York could check local losses. $A steady. RBA widely expected to lift key rate. Follow updates here.

Supermarket group Woolworths has reported March quarter sales up 9.7 per cent to $15.1 billion, with online sales up 33.4 per cent to $1.5 billion.Including the impact of the Endeavour Group sale in the previous period, total sales fell 8.8 per cent.

“We have not yet seen a notable change in customer shopping behaviour but remain focused on providing our customers with great value for money. The timing of Easter negatively impacted reported sales growth but given the current volatility and COVID impact in both periods, we have not reported Easter-adjusted numbers.”

 

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