Retail turnover fell 0.1 per cent in April

Australian retail turnover fell 0.1 per cent in April 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a rise of 0.3 per cent in March 2019.

The trend estimate for Australian retail turnover rose 0.2 per cent in April 2019, following a 0.2 per cent rise in March 2019. Compared to April 2018, the trend estimate rose 2.9 per cent.

  • In trend terms, Australian turnover rose 2.9% in April 2019 compared with April 2018.
  • The following industries rose in trend terms in April 2019: Food retailing (0.4%), Cafes, restaurants and takeaway food services (0.4%), Other retailing (0.1%), Department stores (0.2%), and Clothing, footwear and personal accessory retailing (0.1%). Household goods retailing (-0.2%) fell in trend terms in April 2019.
  • The following states and territories rose in trend terms in April 2019: Queensland (0.5%), New South Wales (0.2%), Victoria (0.2%), South Australia (0.3%), the Northern Territory (0.1%), and the Australian Capital Territory (0.1%). Tasmania (0.0%) was relatively unchanged. Western Australia (-0.1%) fell in trend terms in April 2019.
  • Online retail turnover contributed 5.7 per cent to total retail turnover in original terms in April 2019, which was unchanged from March 2019. In April 2018, online retail turnover contributed 5.4 per cent to total retail.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Leave a Reply