Recession Australia

Retail Trade, Australia, Jun 2017

Australian retail turnover rose 0.3 per cent in June 2017 in seasonally

adjusted terms, according to the latest Australian Bureau of Statistics

(ABS) Retail Trade figures, following a rise of 0.6 per cent in May

2017.

"In seasonally adjusted terms in June 2017, we saw rises in Household

goods retailing (0.9 per cent), Cafes, restaurants and takeaway food

services (0.5 per cent), Clothing footwear and personal accessory

retailing (0.8 per cent) and Other retailing (0.2 per cent)," said Ben

James, Director of Quarterly Economy Wide Surveys. "There was a fall in

Department stores (-0.3 per cent), while Food retailing (0.0 per cent)

was relatively unchanged."

Retail sales Jun 17

www.first2move.com.au

In seasonally adjusted terms there were rises in New South Wales (0.5

per cent), Queensland (0.7 per cent), South Australia (0.3 per cent),

Tasmania (0.6 per cent), the Northern Territory (1.2 per cent) and

Western Australia (0.1 per cent). There were falls in Victoria (-0.3 per

cent) and the Australian Capital Territory (-0.1 per cent).

The trend estimate for Australian retail turnover rose 0.4 per cent in

June 2017 following a 0.4 per cent rise in May 2017.Compared to June

2016, the trend estimate rose 3.6 per cent.

Online retail turnover contributed 4.1 per cent to total retail turnover

in original terms.

In seasonally adjusted volume terms, turnover rose 1.5 per cent in the

June quarter 2017, following a rise of 0.2 per cent in the March quarter

2017. The largest contributor to the rise was Household goods retailing,

which rose 2.5 per cent in seasonally adjusted volume terms in the June

quarter 2017.

(Source: Australian Bureau of Statistics )