Retail Turnover Down 0.1 % December 2016

Retail Turnover Down 0.1 % December 2016

Australian Bureau Of Statistics

Retail Turnover Falls 0.1 % In December 2016

Victor P Taffa

Australian retail turnover fell 0.1 % in December 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 0.1 % in November 2016.

In seasonally adjusted terms, there were falls in

  • Household goods retailing (-2.3 %),
  • Other retailing (-0.2 %).

These falls were offset by rises in

  • Food retailing (0.5 %),
  • Clothing, footwear and personal accessory retailing (1.4 %),
  • Cafes, restaurants and takeaway food services (0.2 %),
  • Department stores (0.3 %).

The fall in household goods retailing is the result of a fall in the Hardware, building and garden supplies retailing industry subgroup, which fell 6.6 % in December after rises in each of the previous four months.

In seasonally adjusted terms, there were falls in

  • Victoria (-0.4 %),
  • New South Wales (-0.3 %),
  • Australian Capital Territory (-0.7 %).

In seasonally adjusted terms, there were rises in

  • South Australia (1.2 %),
  • Western Australia (0.6 %),
  • Northern Territory (1.1 %),
  • Tasmania (0.5 %).

Queensland was relatively unchanged (0.0 %).

The trend estimate for Australian retail turnover rose 0.3 % in December 2016 following a 0.3 % rise in November 2016. Compared to December 2015, the trend estimate rose 3.2 %.

Online retail turnover contributed 3.8 % to total retail turnover in original terms.

In seasonally adjusted volume terms, turnover rose 0.9 % in the December quarter 2016, following a relatively unchanged result (0.0 %) in the September quarter 2016.

The main contributors to this rise were

  • Household goods retailing (2.5 %),
  • Clothing, footwear and personal accessory retailing (1.5 %),
  • Food retailing (0.3 %).