Retail Turnover Flat In October 2019

Retail Turnover Flat In October 2019

Australian Bureau Of Statistics

Retail Turnover Relatively Unchanged In October

Victor P Taffa

Australian retail turnover was relatively unchanged (0.0 %) in October 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 0.2 % in September 2019.

“There were falls for clothing, footwear and personal accessory retailing (-0.8 %), department stores (-0.8 %) and household goods (-0.2 %).” Director of Quarterly Economy Wide Surveys Ben James said.

“These falls were offset by rises in cafes, restaurants and takeaway food services (0.4 %) and food retailing (0.1 %). Other retailing was relatively unchanged (0.0 %).”

States And Territories

In seasonally adjusted terms, there were mixed results across the states.

There were falls in:

  • Victoria (-0.4 %),
  • New South Wales (-0.2 %),
  • South Australia (-0.5 %).

There were rises in:

  • Queensland (0.4 %),
  • Tasmania (1.4 %),
  • Northern Territory (2.3 %),
  • Western Australia (0.2 %),
  • Australian Capital Territory (0.3 %).

Trend estimate for Australian retail turnover rose 0.2 % in October 2019, following a 0.2 % rise in September 2019. Compared to October 2018, the trend estimate rose 2.3 %.

Online retail turnover contributed 6.5 % to total retail turnover in original terms in October 2019. In October 2018, online retail turnover contributed 5.9 % to total retail.