Retail Turnover 0.5 % Down In December 2019

Retail Turnover 0.5 % Down In December 2019

Australian Bureau Of Statistics

Retail Turnover Falls 0.5 % In December

Victor P Taffa

Retail turnover fell 0.5 % in December 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 1.0 % in November 2019.

“December fall comes after a strong November, led by Black Friday sales.” Director of Quarterly Economy Wide Surveys Ben James said.

“There were also some effects from bushfires and associated smoke haze apparent in New South Wales data. Specifically, food retailing and cafes, restaurants and takeaway food services were negatively impacted.”

There were falls for:

  • Department stores (-2.8 %),
  • Cafes, restaurants and takeaway food services (-0.9 %),
  • Clothing, footwear and personal accessory retailing (-1.5 %),
  • Food retailing (-0.3 %),
  • Household goods retailing (-0.3 %).

These falls were partially offset by a rise in other retailing (0.2 %).

In seasonally adjusted terms, there were falls in:

  • New South Wales (-1.2 %),
  • Queensland (-0.5 %),
  • South Australia (-1.3 %),
  • Northern Territory (-0.4 %),
  • Australian Capital Territory (-0.1 %).

Victoria (0.0 %) and Western Australia (0.0 %) were relatively unchanged.

Tasmania (1.1 %) rose in seasonally adjusted terms in December 2019.

Trend estimate for Australian retail turnover rose 0.3 % in December 2019, following a 0.3 % rise in November 2019. Compared to December 2018, the trend estimate rose 2.8 %.

Online retail turnover contributed 6.6 % to total retail turnover in original terms in December 2019. In December 2018, online retail turnover contributed 5.6 % to total retail.

Quarterly Volumes Rise 0.5 %

For the December quarter 2019, there was a rise of 0.5 % in seasonally adjusted volume terms.

This follows a fall of 0.1 % in the September quarter 2019. The quarterly rise in volumes was led by:

  • Household goods retailing (1.4 %),
  • Clothing, footwear and personal accessory retailing (1.5 %),
  • Department stores (2.1 %),
  • Cafes, restaurants and takeaway food services (0.5 %).

Rises were slightly offset by seasonally adjusted volume falls in food retailing (-0.4 %) and other retailing (-0.6 %).