Retail Turnover Up 0.3 % In June 2017

Retail Turnover Up 0.3 % In June 2017

Australian Bureau Of Statistics

Retail Turnover Rises 0.3 % In June

Victor P Taffa

Australian retail turnover rose 0.3 % in June 2017 in seasonally adjusted terms, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures, following a rise of 0.6 % in May 2017.

In seasonally adjusted terms there were rises in

  • Household goods retailing (0.9 %),
  • Clothing footwear and personal accessory retailing (0.8 %),
  • Cafes, restaurants and takeaway food services (0.5 %),
  • Other retailing (0.2 %).

There was a fall in Department stores (-0.3 %), while Food retailing (0.0 %) was relatively unchanged.

In seasonally adjusted terms there were rises in

  • Northern Territory (1.2 %),
  • Queensland (0.7 %),
  • Tasmania (0.6 %),
  • New South Wales (0.5 %),
  • South Australia (0.3 %),
  • Western Australia (0.1 %).

In seasonally adjusted terms there were falls in

  • Victoria (-0.3 %),
  • Australian Capital Territory (-0.1 %).

Trend estimate for Australian retail turnover rose 0.4 % in June 2017 following a 0.4 % rise in May 2017. Compared to June 2016, the trend estimate rose 3.6 %.

Online retail turnover contributed 4.1 % to total retail turnover in original terms.

In seasonally adjusted volume terms, turnover rose 1.5 % in the June quarter 2017, following a rise of 0.2 % in the March quarter 2017.

Largest contributor to the rise was Household goods retailing, which rose 2.5 % in seasonally adjusted volume terms in the June quarter 2017.