• Retail sales unchanged in Australia

Market news

1 September 2016

Retail sales unchanged in Australia

According to abs.gov, the trend estimate rose 0.1% in July 2016. This follows a rise of 0.1% in June 2016 and a rise of 0.1% in May 2016.

The seasonally adjusted estimate was relatively unchanged (0.0%) in July 2016. This follows a rise of 0.1% in June 2016 and a rise of 0.1% in May 2016.

In trend terms, Australian turnover rose 2.7% in July 2016 compared with July 2015.

The following industries rose in trend terms in July 2016: Cafes, restaurants and takeaway food services (0.5%), Food retailing (0.1%), Other retailing (0.4%) and Clothing, footwear and personal accessory retailing (0.6%). Household goods retailing (-0.4%) and Department stores (-0.9%) fell in trend terms in July 2016.

The following states and territories rose in trend terms in July 2016: Queensland (0.2%), New South Wales (0.1%), South Australia (0.3%) and Tasmania (0.2%). Victoria (0.0%), Western Australia (0.0%) and the Australian Capital Territory (0.0%) were relatively unchanged. The Northern Territory (-0.4%) fell in trend terms in July 2016.

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