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- Australian retail sales unchanged in July vs +0.2% expected
Australian retail sales unchanged in July vs +0.2% expected
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The trend estimate rose 0.3% in July 2017. This follows a rise of 0.4% in June 2017 and a rise of 0.4% in May 2017.
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The seasonally adjusted estimate was relatively unchanged (0.0%) in July 2017. This follows a rise of 0.2% in June 2017 and a rise of 0.6% in May 2017.
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In trend terms, Australian turnover rose 3.5% in July 2017 compared with July 2016.
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The following industries rose in trend terms in July 2017: Food retailing (0.2%), Other retailing (0.6%), Household goods retailing (0.4%), Cafes, restaurants and takeaway food services (0.4%), and Clothing footwear and personal accessory retailing (0.6%). Department stores (-0.3%) fell in trend terms in July 2017.
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The following states and territories rose in trend terms in July 2017: New South Wales (0.4%), Victoria (0.4%), Queensland (0.2%), Western Australia (0.2%), South Australia (0.2%), Tasmania (0.5%), the Australian Capital Territory (0.3%), and the Northern Territory (0.4%)
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