No Change For Retail Turnover In July 2018

No Change For Retail Turnover In July 2018

Australian Bureau Of Statistics

Retail Turnover Relatively Unchanged In July

Victor P Taffa

Australian retail turnover was relatively unchanged (0.0 %) in July 2018, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a 0.4 % rise in June 2018.

“There were falls in 3 of the 6 industries.” Quarterly Economy Wide Surveys Director Ben James said.

Falls included:

  • Household goods retailing (-1.2 %),
  • Clothing, footwear and personal accessory retailing (-2.0 %),
  • Department stores (-1.9 %).

Rises included:

  • Other retailing (1.7 %),
  • Food (0.3 %),
  • Cafes, restaurants and takeaway food services (0.6 %).

 

States And Territories

In seasonally adjusted terms, there were falls in:

  • Western Australia (-0.6 %),
  • Victoria (-0.2 %),
  • South Australia (-0.3 %),
  • Northern Territory (-1.6 %),
  • Australian Capital Territory (-0.6 %),
  • Tasmania (-0.3 %).

New South Wales (0.0 %) was relatively unchanged.

Queensland rose (0.8 %).

Trend estimate for Australian retail turnover rose 0.3 % in July 2018 following a 0.3 % rise in June 2018. Compared to July 2017, the trend estimate rose 3.2 %.

Online retail turnover contributed 5.5 % to total retail turnover in original terms in July 2018, a fall from 5.7 % in June 2018. In July 2017 online retail turnover contributed 4.3 % to total retail.