Retail turnover rises 0.5 per cent in October
Australian retail turnover rose 0.5 per cent in October 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.
This follows a 0.1 per cent rise in September 2017.
"In seasonally adjusted terms, there were rises across all industries led by cafes, restaurants and takeaway food services (1.7 per cent)," the Director of the Quarterly Economy Wide Survey, Ben James, said.
There were also rises for food retailing (0.3 per cent), clothing, footwear and personal accessory retailing (1.0 per cent), other retailing (0.3 per cent), department stores (0.5 per cent) and household goods retailing (0.1 per cent) in October 2017.
In seasonally adjusted terms, all states rose. There were rises in Victoria (1.0 per cent), New South Wales (0.3 per cent), South Australia (1.2 per cent), Western Australia (0.5 per cent), Queensland (0.1 per cent), the Northern Territory (1.7 per cent), the Australian Capital Territory (0.6 per cent) and Tasmania (0.5 per cent).
The trend estimate for Australian retail turnover fell 0.1 per cent in October 2017 following a relatively unchanged estimate (0.0 per cent) in September 2017. Compared to October 2016 the trend estimate rose 1.8 per cent.
Online retail turnover contributed 4.7 per cent to total retail turnover in original terms.
More detailed industry analysis and further information on the statistical methodology is available in Retail Trade, Australia (cat no. 8501.0).
- For a detailed definition of each industry group and subgroup in terms of its ANZSIC 2006 classes, please refer to paragraph 6 of the Explanatory Notes.
- Estimates of online retail turnover are only available in original terms and are not available in seasonally adjusted or trend terms.
- Along with the monthly current price estimates that reflect both price and volume changes, the March, June, September and December publications also present quarterly estimates that reflect volume and price changes separately.
- When reporting ABS data, the Australian Bureau of Statistics (or ABS) must be attributed as the source.
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