Retail Trade is a key and timely indicator measuring changes in the Australian economy. The series, which includes one selected service industry, is an important component of final household consumption expenditure in the National Accounts. The Retail Trade publication presents monthly estimates of the value of turnover of retail businesses classified by industry, and by state and territory in original and seasonally adjusted terms. The retail trade current price trend series have been suspended as at November 2008 as it is not possible to determine the trend in retail turnover through the period affected by the Government's stimulus package and other influences associated with global economic conditions.
Retailers, industry associations, economists, governments and media use these statistics to analyse current consumer spending behaviour and, in conjunction with other economic indicators, to help assess current Australian economic performance.
INTRODUCTION OF REVISED INDUSTRY CLASSIFICATION
The ABS has implemented a revised industry classification, the Australian and New Zealand Standard Industrial Classification (ANZSIC) 2006, into the Retail Trade series from the July 2009 issue of Retail Trade, Australia (cat.no. 8501.0). An information paper describing the major changes to Retail Trade under ANZSIC 2006 and how historical series were maintained was released on 3 August 2009. Further information on the implementation of ANZSIC 2006 was included in the July 2009 issue of Retail Trade, Australia.
Retail trade chain volume measures on an ANZSIC 2006 basis, up to June Quarter 2009 are available from the Downloads tab of the the July 2009 issue of Retail Trade, Australia.
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This page first published 10 April 2006, last updated 2 October 2009 | 
