Retail Turnover Up 0.4 % August 2019

Retail Turnover Up 0.4 % August 2019

Australian Bureau Of Statistics

Retail Turnover Rises 0.4 % In August

Victor P Taffa

Australian retail turnover rose 0.4 % in August 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a relatively unchanged result (0.0 %) in July 2019.

“Food retailing (0.4 %) led the rises.” Director of Quarterly Economy Wide Surveys Ben James said.

There were also rises in:

  • Clothing, footwear and personal accessory retailing (1.8 %),
  • Department stores (1.1 %),
  • Household goods retailing (0.3 %),
  • Other retailing (0.3 %).

Rises were partly offset by a fall in cafes, restaurants and takeaway services (-0.3 %).

In seasonally adjusted terms, there were rises in:

  • Queensland (0.8 %),
  • New South Wales (0.3 %),
  • Victoria (0.3 %),
  • South Australia (0.6 %),
  • Australian Capital Territory (1.9 %),
  • Tasmania (0.2 %).

There were minor falls in:

  • Western Australia (-0.1 %),
  • Northern Territory (-0.1 %).

Trend estimates for Australian retail turnover rose 0.1 % in August 2019, following a 0.2 % rise in July 2019. Compared to August 2018, the trend estimate rose 2.3 %.

Online retail turnover contributed 6.2 % to total retail turnover in original terms in August 2019. In August 2018, online retail turnover contributed 5.6 % to total retail.