ANALYSIS
TOTAL RETAIL - MONTHLY
The chart below shows the current price, monthly trend series, to November 2008, and seasonally adjusted series, to March 2009.
As the seasonally adjusted series (except for the completely enumerated total series) are currently estimated using forward seasonal factors based on data to the June 2008 reference month, the seasonal adjustment factors have not been influenced by spending associated with the stimulus package.
In current price seasonally adjusted terms, Australian turnover increased by 2.2% in March 2009 after decreasing by a similar amount in February and increasing for the previous four months including a 3.8% increase in December 2008. The level of turnover, in seasonally adjusted terms, remains above the level of the trend at November 2008.
The industries with the largest seasonally adjusted increases in March 2009 also had large increases in December 2008 and large decreases over the previous two months:
- Department stores increased by 13.2% in March 2009, 8.3% in December 2008 and decreased by 0.5% and 9.8% in January and February 2009, respectively.
- Clothing and softgood retailing increased by 6.4% in March 2009, 5.8% in December 2008 and 0.8% in January 2009 and decreased by 2.7% in February.
RETAIL TURNOVER(a), Australia
TOTAL RETAIL - QUARTERLY
In seasonally adjusted terms, March quarter 2009 had a 1.0% increase in volume and a 1.5% increase in prices.
In March quarter 2009, New South Wales (+2.5%) and Northern Territory (+3.5%) had the largest increase in volumes, while Victoria and South Australia had no change and Queensland grew by 0.4% in seasonally adjusted terms.
All industries, except Household good retailing (-2.1%) had an increase in volumes in March quarter 2009. The largest increases were Clothing and soft good retailing (+3.7%), Cafe, restaurants and takeaway food services (+3.0%) and Food retailing (+1.3%). Department stores grew by 0.7% in seasonally adjusted terms.
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