Retail Turnover Up 1.2 % In November 2017

Retail Turnover Up 1.2 % In November 2017

Australian Bureau Of Statistics

Australian Retail Turnover Up 1.2 % In November 2017 Seasonally Adjusted

Victor P Taffa

Australian retail turnover rose 1.2 % in November 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a 0.5 % rise in October 2017.

Seasonally adjusted sales in both these industries are influenced by the release of the iPhone X and the increasing popularity of promotions in November, including Black Friday sales.

There were also rises for:

  • Clothing, footwear and personal accessory retailing (1.6 %),
  • Cafes, restaurants and takeaways (0.4 %).

Department stores fell (-1.1 %) whilst food was unchanged in November 2017.

In seasonally adjusted terms, all states rose. There were rises in

  • Victoria (1.8 %),
  • New South Wales (1.0 %),
  • Western Australia (1.4 %),
  • Queensland (0.7 %),
  • South Australia (1.5 %),
  • Tasmania (1.8 %),
  • Australian Capital Territory (1.2 %),
  • Northern Territory (0.2 %).

Trend estimate for Australian retail turnover rose 0.1 % in November 2017 following a rise (0.1 %) in October 2017. Compared to November 2016 the trend estimate rose 1.7 %.

Online retail turnover contributed 5.5 % to total retail turnover in original terms. This is the largest contribution to total retail turnover from online sales in the history of the online series.