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Retail turnover rises 0.7 per cent in November 2013
The latest ABS Retail Trade figures show that Australian retail turnover rose 0.7 per cent in November 2013, seasonally adjusted, following a rise of 0.5 per cent in October 2013.
Turnover rose in other retailing (2.1 per cent), cafes, restaurants and takeaway food services (2.2 per cent), clothing, footwear and personal accessory retailing (1.7 per cent), and household goods retailing (0.7 per cent). These rises were partially offset by a fall in department stores (-2.0 per cent) and food retailing (-0.1 per cent). Over the longer term, in dollar movements, cafes, restaurants and takeaway food services is the strongest contributor to growth (up 1.1 per cent in trend terms).
Turnover rose in Victoria (0.9 per cent), Western Australia (1.3 per cent), New South Wales (0.4 per cent), Queensland (0.5 per cent), South Australia (0.9 per cent), the Northern Territory (1.7 per cent) and Tasmania (0.5 per cent). These rises were partially offset by a fall in the Australian Capital Territory (-0.2 per cent). Over the longer term, in dollar movements, New South Wales was the strongest contributor to growth (up 0.6 per cent in trend terms).
Through the year, Australian retail turnover rose 4.6 per cent in November 2013, seasonally adjusted, compared to November 2012.
The trend estimate for Australian retail turnover rose 0.5 per cent in November 2013. This follows a 0.5 per cent rise in October 2013. Through the year, the trend estimate rose 4.1 per cent in November 2013 compared to November 2012.
This issue of Retail Trade, Australia includes a time series of estimates of Australian online retail turnover for the first time. These estimates are provided and explained within the commentary section of this publication.
More detailed industry analysis and further information on the statistical methodology is available in Retail Trade, Australia (cat no. 8501.0).
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