Market news
11.01.2019, 07:56

Australian retail sales rose 0.4% in November

  • The trend estimate rose 0.2% in November 2018. This follows a rise of 0.2% in October 2018, and a rise of 0.2% in September 2018.

  • The seasonally adjusted estimate rose 0.4% in November 2018. This follows a rise of 0.3% in October 2018, and a rise of 0.2% in September 2018.

  • In trend terms, Australian turnover rose 3.6% in November 2018 compared with November 2017.

  • The following industries rose in trend terms in November 2018: Food retailing (0.2%), Household goods retailing (0.4%), Other retailing (0.4%), Clothing, footwear and personal accessories retailing (0.5%), and Cafes, restaurants and takeaway services retailing (0.1%). Department stores was relatively unchanged (0.0%).

  • The following states and territories rose in trend terms in November 2018: Queensland (0.5%), Victoria (0.4%), Western Australia (0.3%), South Australia (0.2%), the Australian Capital Territory (0.5%), and Tasmania (0.2%). New South Wales (-0.1%), and the Northern Territory (-0.6%) fell in trend terms in November 2018.

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