Australian Bureau Of Statistics
Retail Turnover Rises 0.4 % In November
Victor P Taffa
Australian retail turnover rose 0.4 % in November 2018, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.
This follows a rise of 0.3 % in October 2018.
“Household goods retailing (1.2 %) led the rises.” Acting Director of Quarterly Economy Wide Surveys Ben Faulkner said.
“While there was also a notable rise for Clothing, footwear and personal accessories retailing (1.5 %). Both of these industries were impacted by strong promotional activity in the November month, including Black Friday sales.”
Rises
Rises were also seen in:
- Food retailing (0.2 %),
- Department stores (0.4 %).
Minor falls
Minor falls were also seen in:
- Other retailing (-0.1 %),
- Cafes, restaurant and takeaway services retailing (-0.1 %).
Online retail turnover
Online retail turnover contributed 6.6 % to total retail turnover in original terms in November 2018, a rise from 5.9 % in October 2018.
This is the highest level recorded in the series and continues a pattern of increasing online contributions to total sales in November. In November 2017 online retail turnover contributed 5.5 % to total retail.
Seasonally adjusted terms
In seasonally adjusted terms there were rises in:
- New South Wales (0.8 %),
- Queensland (0.4 %),
- Western Australia (0.6 %),
- Australian Capital Territory (1.6 %),
- Victoria (0.1 %).
South Australia was relatively unchanged (0.0 %).
There were falls in:
- Northern Territory (-0.9 %),
- Tasmania (-0.2 %).
Trend estimate for Australian retail turnover rose 0.2 % in November 2018, following a 0.2 % rise in October 2018. Compared to November 2017, the trend estimate rose 3.6 %.