Australia Retail Sales m/m

Country:
Australia
AUD, Australian Dollar
Sector:
Consumer
High -0.2% 0.3%
0.6%
Last release Importance Actual Forecast
Previous
0.2%
-0.2%
Next release Actual Forecast
Previous
  • Overview
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Australia Retail Sales m/m show a change in the turnover of goods and services sold in retail outlets in the given month compared to the previous month.

The indicator covers data on retail sales of the main groups of goods: food and beverages, household goods (furniture, electrical appliances, electronic goods, etc.), clothing, footwear and personal accessories, recreational goods (toys, sports equipment, etc.), newspapers and books, public catering services (cafes, restaurants, food delivery, takeaway food services, etc.) and others.

Data is calculated based on a survey, which scope is all employing retail trade businesses selling predominantly to households. Businesses are stratified based on turnover: the indicator includes companies of different sizes, from small stores to large holdings. The sample of enterprises is randomly compiled from the state statistical register. The survey is conducted primarily by telephone interview, although a small number of questionnaires are mailed to businesses. Most businesses provide turnover on a calendar month basis.

The indicator has high seasonal volatility: a large portion of all retail sales in the country occur during Christmas and New Year holidays. That is why, economists usually interpret a seasonally adjusted version of the indicator, instead of the "raw" one.

Retail sales characterize the level of consumer activity in the country. The growth in retail turnover is seen as positive for the economy. Therefore, the publication of the retail sales report may affect the national currency quotes. A slowdown in the growth of retail sales shows that consumers have reduced their spending level. This may lead to a decline in economic activity and have a negative effect on Australian dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Australia Retail Sales m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Oct 2022
-0.2%
0.3%
0.6%
Sep 2022
0.6%
-0.2%
0.6%
Aug 2022
0.6%
-0.2%
1.3%
Jul 2022
1.3%
0.2%
0.2%
Jun 2022
0.2%
0.0%
0.7%
May 2022
0.9%
-0.2%
0.9%
Apr 2022
0.9%
0.1%
1.6%
Mar 2022
1.6%
0.3%
1.8%
Feb 2022
1.8%
-0.3%
1.8%
Jan 2022
1.8%
-0.3%
-4.4%
Dec 2021
-4.4%
0.6%
7.3%
Nov 2021
7.3%
0.4%
4.9%
Oct 2021
4.9%
-0.7%
1.3%
Sep 2021
1.3%
-0.4%
-1.7%
Aug 2021
-1.7%
0.8%
-2.7%
Jul 2021
-2.7%
0.5%
-1.8%
Jun 2021
-1.8%
-1.8%
-1.8%
Jun 2021 prelim.
-1.8%
-0.6%
0.4%
May 2021
0.4%
0.1%
0.1%
May 2021 prelim.
0.1%
0.7%
1.1%
Apr 2021
1.1%
1.1%
1.1%
Apr 2021 prelim.
1.1%
-0.8%
1.3%
Mar 2021
1.3%
1.4%
1.4%
Mar 2021 prelim.
1.4%
1.1%
-0.8%
Feb 2021
-0.8%
-1.1%
-1.1%
Feb 2021 prelim.
-1.1%
-0.7%
0.5%
Jan 2021
0.5%
0.6%
0.6%
Jan 2021 prelim.
0.6%
0.1%
-4.1%
Dec 2020
-4.1%
-4.2%
-4.2%
Dec 2020 prelim.
-4.2%
0.4%
7.1%
Nov 2020
7.1%
7.0%
7.0%
Nov 2020 prelim.
7.0%
-0.6%
1.4%
Oct 2020
1.4%
1.6%
1.6%
Oct 2020 prelim.
1.6%
0.5%
-1.1%
Sep 2020
-1.1%
-1.5%
-1.5%
Sep 2020 prelim.
-1.5%
-0.7%
-4.0%
Aug 2020
-4.0%
-4.2%
-4.2%
Aug 2020 prelim.
-4.2%
-9.3%
3.2%
Jul 2020
3.2%
3.3%
3.3%
Jul 2020 prelim.
3.3%
-2.7%
2.7%
Jun 2020
2.7%
2.4%
2.4%
Jun 2020 prelim.
2.4%
7.1%
16.9%
May 2020
16.9%
16.3%
16.3%
May 2020 prelim.
16.3%
33.6%
-17.7%
Apr 2020
-17.7%
-17.9%
-17.9%
Apr 2020 prelim.
-17.9%
8.7%
8.5%
Mar 2020
8.5%
8.2%
8.2%
Mar 2020 prelim.
8.2%
0.2%
0.5%
Feb 2020
0.5%
0.2%
-0.3%
Jan 2020
-0.3%
0.2%
-0.7%

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