Retail Turnover 0.2% Up In December – ABS

According to the ABS data released today, Australian retail turnover rose 0.2 per cent in December following a rise of 0.3 per cent in November and October 2014, in trend terms. Through the year, the trend estimate rose 3.3 per cent in December 2014 compared to December 2013. In trend terms the largest contributor to the rise was clothing, footwear and personal accessory retailing (0.6 per cent). Then followed Food retailing (0.4 per cent ) and department stores (0.4 per cent), household goods retailing (0.3 per cent) and restaurants and takeaway food services (0.1 per cent). Other retailing fell (-0.4 per cent).

RetailSalesTurnoverAllStatesDecember2014
In trend terms all states but Tasmania rose. South Australia (0.5 per cent), Australian Capital Territory (0.4 per cent), New South Wales (0.3 per cent), Western Australia (0.3 per cent), Northern Territory (0.3 per cent.), Queensland (0.2 per cent), Victoria (0.1 per cent) and Tasmania fell (-0.2 per cent) .

RetailTurnoverByStateDecember2014

On a per capita basis, retail turnover was up 0.6% in the December quarter, higher than the previous few quarters.

RetailTurnoverPerCapitaDec2014In volume terms, turnover rose (1.5 per cent) in the December quarter, seasonally adjusted, following a rise of (0.9 per cent) in the September quarter 2014. Online retail turnover contributed (2.8 per cent) to total retail turnover in original terms.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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