Retail Turnover Flat For July 2017

Retail Turnover Flat For July 2017

Australian Bureau Of Statistics

Retail Turnover Relatively Unchanged In July

Victor P Taffa

Australian retail turnover was a relatively unchanged 0.0 % in July 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 0.2 % in June 2017.

In seasonally adjusted terms, there were falls in

  • Household goods retailing (-1.7 %),
  • Department stores (-2.8 %),
  • Clothing, footwear and personal accessory retailing (-0.2 %).

In seasonally adjusted terms, there were rises in

  • Food retailing (0.7 %),
  • Other retailing (1.3 %),
  • Cafes, restaurants and takeaway food services (0.2 %).

“Falls in household goods retailing and department stores come after strong rises during the June quarter.” Director of Quarterly Economy Wide surveys for the ABS Ben James said.

In seasonally adjusted terms, there were falls in

  • New South Wales (-0.4 %),
  • South Australia (-0.8 %),
  • Tasmania (-0.9 %),
  • Northern Territory (-0.1 %).

In seasonally adjusted terms, there were rises in

  • Victoria (0.4 %),
  • Western Australia (0.6 %),
  • Queensland (0.2 %),
  • Australian Capital Territory (0.1 %).

Trend estimate for Australian retail turnover rose 0.3 % in July 2017 following a 0.4 % rise in June 2017. Compared to July 2016, the trend estimate rose 3.5 %.

Online retail turnover contributed 4.3 % to total retail turnover in original terms.