Retail Turnover Up 0.1 % In May 2019

Retail Turnover Up 0.1 % In May 2019

Australian Bureau Of Statistics

Retail Turnover Rose 0.1 % In May

Victor P Taffa

Australian retail turnover rose 0.1 % in May 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a fall of 0.1 % in April 2019.

According to ABS Director of Quarterly Economy Wide Surveys, Ben James there were mixed results across the industries with rises in:

  • Cafes, restaurant and takeaway food services (0.7 %),
  • Household goods retailing (0.5 %),
  • Other retailing (0.6 %).

These rises were offset by falls in:

  • Food retailing (-0.3 %),
  • Department stores (-0.4 %),
  • Clothing, footwear and personal accessory retailing (-0.2 %).

In seasonally adjusted terms, there were rises in:

  • Victoria (0.6 %),
  • South Australia (0.5%),
  • Australian Capital Territory (0.7 %),
  • Northern Territory (0.5 %).

In seasonally adjusted terms, there were falls in:

  • Queensland (-0.3 %),
  • New South Wales (-0.1 %),
  • Western Australia (-0.2 %),
  • Tasmania (-0.4 %).

Trend estimate for Australian retail turnover rose 0.2 % in May 2019, following a 0.2 % rise in April 2019. Compared to May 2018, the trend estimate rose 2.7 %.

Online retail turnover contributed 6.2 % to total retail turnover in original terms in May 2019, a rise from 5.7 % in April 2019. In May 2018, online retail turnover contributed 5.6 % to total retail.