• Retail sales in Australia declined slightly in May

Market news

5 July 2016

Retail sales in Australia declined slightly in May

The trend estimate rose 0.2% in May 2016. This follows a rise of 0.2% in April 2016 and a rise of 0.2% in March 2016.

The seasonally adjusted estimate rose 0.2% in May 2016. This follows a rise of 0.1% in April 2016 and a rise of 0.4% in March 2016.In trend terms, Australian turnover rose 3.3% in May 2016 compared with May 2015.

The following industries rose in trend terms in May 2016: Other retailing (0.5%), Food Retailing (0.1%), Cafes, restaurants and takeaway food services (0.4%) and Clothing, footwear and personal accessory retailing (0.3%). Household goods retailing (0.0%) and Department stores (0.0%) were relatively unchanged in trend terms in May 2016.

The following states and territories rose in trend terms in May 2016: New South Wales (0.4%), Victoria (0.2%), South Australia (0.3%), Western Australia (0.1%), Tasmania (0.4%) and the Australian Capital Territory (0.2%). Queensland (-0.2%) and the Northern Territory (-0.2%) fell in trend terms in May 2016.

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