Australian Bureau Of Statistics
Retail Turnover Rises 0.4 % In March
Victor P Taffa
Australian retail turnover rose 0.4 % in March 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.
This follows a rise of 0.1 % in February 2016.
In seasonally adjusted terms, there were rises in
- Food retailing (0.6 %),
- Clothing, footwear and personal accessory retailing (1.1 %),
- Other retailing (0.4 %),
- Household goods retailing (0.1 %).
Turnover in cafes, restaurants and takeaway food services was relatively unchanged (0.0 %). Department stores fell (-0.5 %) in March 2016.
In seasonally adjusted terms there were rises in
- Victoria (0.5 %),
- New South Wales (0.4 %),
- Western Australia (0.7 %),
- Queensland (0.2 %),
- South Australia (0.2 %),
- Tasmania (0.6 %).
There were falls in
- Australian Capital Territory (-0.6 %),
- Northern Territory (-0.2 %).
The trend estimate for Australian retail turnover rose 0.2 % in March 2016 following a 0.2 % rise in February 2016. Compared to March 2015 the trend estimate rose 3.6 %.
Online retail turnover contributed 3.1 % to total retail turnover in original terms.
In seasonally adjusted volume terms, turnover rose 0.5 % in the March quarter 2016, following a rise of 0.6 % in the December quarter 2015.
The largest contributor to the rise was clothing, footwear and personal accessories retailing, which rose 3.5 % in seasonally adjusted volume terms in the March quarter 2016.