Retail Turnover Up 0.4 % For May 2018

Retail Turnover Up 0.4 % For May 2018

Australian Bureau Of Statistics

Retail Turnover Rises 0.4 % In May

Victor P Taffa

Australian retail turnover rose 0.4 % in May 2018, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a 0.5 % rise in April 2018.

There were rises in:

  • Department stores (3.9 %),
  • Clothing, footwear and personal accessories (2.2 %),
  • Food (0.3 %),
  • Household goods (0.1 %).

There were falls in:

  • Cafes, restaurants and takeaways (-1.0 %),
  • Other retailing (-0.1 %).

In seasonally adjusted terms, there were rises in:

  • New South Wales (0.5 %),
  • Queensland (0.4 %),
  • South Australia (1.1 %),
  • Victoria (0.2 %),
  • Tasmania (1.5 %),
  • Northern Territory (0.4 %).

In seasonally adjusted terms Western Australia (-0.5 %) fell.

Australian Capital Territory (0.0 %) was relatively unchanged.

Trend estimate for Australian retail turnover rose 0.3 % in May 2018 following a rise (0.3 %) in April 2018. Compared to May 2017, the trend estimate rose 2.8 %.

Online retail turnover contributed 5.6 % to total retail turnover in original terms in May 2018, a rise from 5.4 % in April 2018. In May 2017 online retail turnover contributed 3.9 % to total retail.