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- Australian retail turnover rose 0.4 per cent in June
Australian retail turnover rose 0.4 per cent in June
Australian retail turnover rose 0.4 per cent in June 2018, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.
This follows a 0.4 per cent rise in May 2018.
"Food retailing (0.4 per cent) led the rises," said Ben James, Director of Quarterly Economy Wide Surveys. "Clothing, footwear and personal accessories rose 1.7 per cent, following a 2.3 per cent rise in May."
There were also rises for cafes, restaurants and takeaways (0.9 per cent) and household goods (0.4 per cent). Other retailing (0.0 per cent) was relatively unchanged, whilst department stores (-1.2 per cent) fell in June 2018.
In seasonally adjusted terms, there were rises in Victoria (1.1 per cent), New South Wales (0.4 per cent), Western Australia (0.2 per cent), the Australian Capital Territory (1.2 per cent), and Tasmania (0.9 per cent). South Australia (0.0 per cent) was relatively unchanged in June 2018. There were falls in Queensland (-0.3 per cent) and the Northern Territory (-0.4 per cent).
The trend estimate for Australian retail turnover rose 0.3 per cent in June 2018 following a rise of 0.4 per cent in May 2018. Compared to June 2017, the trend estimate rose 3.1 per cent.
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