Retail Turnover Up 0.1 % January 2019

Retail Turnover Up 0.1 % January 2019

Australian Bureau Of Statistics

Retail Turnover Rises 0.1 % In January

Victor P Taffa

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

This follows a fall of 0.4 % in December 2018.

“There were mixed results across the industries with rises in Food retailing (0.3 %), Other retailing (0.7 %) and Cafes, restaurant and takeaway services (0.3 %).” ABS Director of Quarterly Economy Wide Surveys, Ben Faulkner said.

“Offset by falls in Department stores (-2.1 %), and Clothing, footwear and personal accessories retailing (-0.3 %). Household goods retailing (0.0 %) was relatively unchanged.”

States And Territories

In seasonally adjusted terms, there were rises in:

  • New South Wales (0.7 %),
  • Victoria (0.1 %),
  • Tasmania (0.4 %),
  • South Australia (0.1 %).

There were falls in:

  • Queensland (-0.5 %),
  • Western Australia (-0.3 %),
  • Northern Territory (-1.2 %),
  • Australian Capital Territory (-0.4 %).

Trend estimate for Australian retail turnover rose 0.1 % in January 2019, following a 0.1 % rise in December 2018. Compared to January 2018, the trend estimate rose 2.8 %.

Online retail turnover contributed 5.6 % to total retail turnover in original terms in January 2019, which is unchanged from December 2018. In January 2018, online retail turnover contributed 4.7 % to total retail.