ANALYSIS - TOTAL RETAIL


TOTAL RETAIL - MONTHLY

The chart below shows the trend series and seasonally adjusted series to March 2018.

In current prices, the trend estimate for Australian turnover rose 0.3% in March 2018 following a rise of 0.3% in February 2018 and a rise of 0.3% in January 2018.

The seasonally adjusted estimate for Australian turnover was relatively unchanged (0.0%) in March 2018 following a rise of 0.6% in February 2018 and a rise of 0.2% in January 2018.

The original estimate for Australian turnover rose 12.5% in March 2018. The original estimate for chains and other larger retailers rose 13.4% in March 2018. The original estimate for smaller retailers rose 10.6% in March 2018.

TOTAL RETAIL - QUARTERLY

In volume terms, the seasonally adjusted estimate for the March quarter 2018 rose 0.2% following a rise of 0.8% in the December quarter 2017 and a rise of 0.2% in the September quarter 2017.

In the March quarter 2018, the seasonally adjusted estimate rose in volume terms for Food retailing (0.7%), Household goods retailing (1.2%), Clothing, footwear and personal accessory retailing (1.1%), Other retailing (0.1%), and Department stores (0.1%). Cafes, restaurants and takeaway food services (-0.4%) fell in the March quarter 2018.

The Implicit Price Deflator for Australian turnover rose 0.4% in seasonally adjusted terms in the March quarter 2018.


TOTAL RETAIL - BY STATE

The following states and territories rose in trend terms in March 2018: Victoria (0.5%), New South Wales (0.3%), Queensland (0.1%), South Australia (0.1%), the Australian Capital Territory (0.4%), and the Northern Territory (0.3%). Western Australia (0.0%) and Tasmania (0.0%) were relatively unchanged.

The following states and territories rose in seasonally adjusted terms in March 2018: Victoria (0.2%), the Australian Capital Territory (1.5%), South Australia (0.2%), and the Northern Territory (0.1%). New South Wales (-0.1%), Queensland (-0.2%), Western Australia (-0.1%), and Tasmania (-0.3%) fell in seasonally adjusted terms in March 2018.

In the March quarter 2018, the seasonally adjusted estimate rose in volume terms in the following states: Victoria (0.9%), Queensland (0.4%), and New South Wales (0.2%). The Australian Capital Territory (0.0%) was relatively unchanged. Western Australia (-0.6%), South Australia (-0.5%), Tasmania (-0.9%), and the Northern Territory (-0.3%) fell in seasonally adjusted volume terms in the March quarter 2018.