Retail Trade Down 1.1% October 2010

Retail Trade Down 1.1% October 2010

Australian Bureau Of Statistics

Retail Trade Down 1.1% In October 2010 (Seasonally Adjusted)

Victor P Taffa

The latest ABS Retail Trade figures show that Australian retail turnover fell 1.1% in October 2010, seasonally adjusted, following a revised rise of 0.1% the previous month.

The largest fall in October 2010 was recorded in cafes, restaurants and takeaway food services (-4.8%), followed by clothing, footwear and personal accessory retailing (-4.6%), other retailing (-2.0%) and departments stores (-1.1%). Turnover rose in food retailing (0.6%) and household goods retailing (0.5%).

Turnover fell in New South Wales (-1.8%), Queensland (-1.2%), Victoria (-0.8%), the Northern Territory (-4.9%), Western Australia (-0.3%) and South Australia (-0.2%). Turnover rose in the Australian Capital Territory (0.6%) and Tasmania (0.5%).

Trend turnover was relatively flat (0.0%) in October 2010. This follows a revised rise of 0.1% in September 2010 and a revised rise of 0.2% in August 2010. In the twelve months to October 2010 trend turnover rose 2.8%.