Australia Retail Sales m/m

Country:
Australia
AUD, Australian Dollar
Sector:
Consumer
High 0.3% 0.3%
0.1%
Last release Importance Actual Forecast
Previous
0.1%
0.3%
Next release Actual Forecast
Previous
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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 2018
0.3%
0.3%
0.1%
Sep 2018
0.2%
0.4%
0.3%
Aug 2018
0.3%
0.2%
0.0%
Jul 2018
0.0%
0.3%
0.4%
Jun 2018
0.4%
0.3%
0.4%
May 2018
0.4%
0.2%
0.5%
Apr 2018
0.4%
0.2%
0.0%
Mar 2018
0.0%
0.1%
0.6%
Feb 2018
0.6%
0.3%
0.2%
Jan 2018
0.1%
0.2%
-0.5%
Dec 2017
-0.5%
0.3%
1.3%
Nov 2017
1.2%
0.2%
0.5%
Oct 2017
0.5%
0.2%
0.1%
Sep 2017
0.0%
0.3%
-0.5%
Aug 2017
-0.6%
-0.2%
Jul 2017
0.0%
0.2%
Jun 2017
0.3%
0.6%
May 2017
0.6%
1.0%
Apr 2017
1.0%
-0.2%
Mar 2017
-0.1%
-0.2%
Feb 2017
-0.1%
0.4%
Jan 2017
0.4%
-0.1%
Dec 2016
-0.1%
0.1%
Nov 2016
0.2%
0.5%
Oct 2016
0.5%
0.6%
Sep 2016
0.6%
0.5%
Aug 2016
0.4%
0.0%
Jul 2016
0.0%
0.1%
Jun 2016
0.1%
0.2%
May 2016
0.2%
0.1%
Apr 2016
0.2%
0.4%
Mar 2016
0.4%
0.1%
Feb 2016
0.0%
0.3%
Jan 2016
0.3%
0.0%
Dec 2015
0.0%
0.4%
Nov 2015
0.4%
0.6%
Oct 2015
0.5%
0.4%
Sep 2015
0.4%
0.4%
Aug 2015
0.4%
-0.1%
Jul 2015
-0.1%
0.6%
Jun 2015
0.7%
0.4%
May 2015
0.3%
-0.1%
Apr 2015
0.0%
0.2%
Mar 2015
0.3%
0.7%
Feb 2015
0.7%
0.5%
Jan 2015
0.4%
0.2%
Dec 2014
0.2%
0.1%
Nov 2014
0.1%
0.4%
Oct 2014
0.4%
1.3%
Sep 2014
1.2%
0.1%

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