8501.0 - Retail Trade, Australia, Jan 2020
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/03/2020
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JANUARY KEY POINTS
CHANGES IN THIS ISSUE
There are no revisions to the original estimates. Revisions to seasonally adjusted estimates are due to the concurrent methodology for deriving seasonal factors.
This issue includes updated online retail turnover estimates for the January 2020 reference month and updated consumer sales estimates for the December 2019 quarter. The estimates are provided and explained in the appendix section of this publication. As part of the ongoing development of the Survey of Consumer sales, changes have been adopted for the Energy retailing series. This change has resulted in changes to historical data.
BUSHFIRES IN JANUARY
There was no impact from bushfires on the data collection activities or data quality for this release. Some retail businesses in New South Wales, Victoria and the Australian Capital Territory especially reported negative impacts to retail turnover from bushfires and associated smoke haze. Impacts were apparent in all industries and are included in the aggregate data.
CORONA VIRUS (COVID 19) IN JANUARY
The World Health Organisation (WHO) commenced daily situation reports of the coronavirus (COVID-19) outbreak on 21 January 2020 and identified it as an international health emergency on 30 January. From 1 February, the Australia Government has placed travel restrictions on those travelling to Australia from mainland China.
Whilst some individual retail businesses reported reduced customer numbers attributed to COVID-19 there was no apparent impact on any of the aggregate level data included in this release. It is expected that COVID-19 will impact aggregate retail trade estimates in coming months.
TIME SERIES DATA
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