Retail Turnover Up 0.8 % In February 2019

Retail Turnover Up 0.8 % In February 2019

Australian Bureau Of Statistics

Retail Turnover Rises 0.8 % In February

Victor P Taffa

Australian retail turnover rose 0.8 % in February 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

“This follows a rise of 0.1 % in January 2019.” ABS Director of Quarterly Economy Wide Surveys Ben Faulkner said.

There were improved results across most industries with rises in:

  • Food retailing (0.8 %),
  • Department stores (3.5 %),
  • Household goods retailing (1.1 %),
  • Clothing, footwear and personal accessory retailing (1.6 %).

Relatively unchanged industries were:

  • Other retailing (0.0 %),
  • Cafes, restaurant and takeaway services (0.0 %).

Rise this month follows subdued results in:

  • December 2018 (-0.4 %),
  • January 2019 (0.1 %).

States And Territories

In seasonally adjusted terms, there were rises in:

  • Queensland (1.4 %),
  • New South Wales (0.6 %),
  • Victoria (0.8 %),
  • Western Australia (0.6 %),
  • South Australia (0.7 %),
  • Australian Capital Territory (1.7 %),
  • Northern Territory (1.4 %).

In seasonally adjusted terms, there was a fall in Tasmania (-0.7 %).

Trend estimate for Australian retail turnover rose 0.2 % in February 2019, following a 0.2 % rise in January 2019. Compared to February 2018, the trend estimate rose 2.9 %.

Online retail turnover contributed 5.6 % to total retail turnover in original terms in February 2019, which is unchanged from January 2019. In February 2018, online retail turnover contributed 5.1 % to total retail.