Market news
05.10.2016, 06:07

Australian retail sales up 0.4% in August

Australian retail turnover rose 0.4 per cent in August 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a relatively unchanged (0.0 per cent) July 2016.

In seasonally adjusted terms, the largest rise was in department stores (3.5 per cent), which followed a fall in July of 5.8 per cent. There were also seasonally adjusted rises in cafes, restaurants and takeaway food services (1.2 per cent), food retailing (0.3 per cent) and household goods retailing (0.2 per cent). There were falls in other retailing (-0.6 per cent) and clothing, footwear and personal accessory retailing (-0.4 per cent).

In seasonally adjusted terms, there were rises in Victoria (0.7 per cent), New South Wales (0.5 per cent), Queensland (0.7 per cent), South Australia (0.4 per cent) and the Australian Capital Territory (0.7 per cent). There were falls in Western Australia (-0.5 per cent), Northern Territory (-0.5 per cent) and Tasmania (-0.1 per cent).

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