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Retail turnover rises 0.6 per cent in May
Australian retail turnover rose 0.6 per cent in May 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a rise of 1.0 per cent in April 2017.
In seasonally adjusted terms, there were rises in household goods retailing (2.2 per cent), clothing, footwear and personal accessory retailing (1.3 per cent), cafes, restaurants and takeaway food services (0.6 per cent), other retailing (0.6 per cent), and food retailing (0.1 per cent). These rises were offset by a fall in department stores (-0.7 per cent).
The rise in household goods was across all subgroups: electrical and electronic goods retailing (2.8 per cent), furniture, floor coverings, houseware and textile goods retailing (2.0 per cent), and hardware, building and garden supplies retailing (1.5 per cent).
In seasonally adjusted terms there were rises in New South Wales (1.3 per cent), Victoria (1.2 per cent), South Australia (0.8 per cent), Western Australia (0.3 per cent), Tasmania (1.2 per cent) and the Australian Capital Territory (1.0 per cent). There were falls in Queensland (-1.1 per cent) and the Northern Territory (-0.5 per cent) in May 2017.
The trend estimate for Australian retail turnover rose 0.3 per cent in May 2017 following a 0.3 per cent rise in April 2017. Compared to May 2016 the trend estimate rose 3.2 per cent.
Online retail turnover contributed 3.9 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).
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