Retail turnover rises 0.2 per cent in April

Australian retail turnover rose 0.2 per cent in April 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.

This follows a rise of 0.4 per cent in March 2016.

In seasonally adjusted terms, there were rises in cafes, restaurants and takeaway food services (1.0 per cent), household goods retailing (0.3 per cent), clothing, footwear and personal accessory retailing (0.5 per cent), other retailing (0.2 per cent) and department stores (0.4 per cent). Turnover in food retailing fell 0.3 per cent in April 2016.

In seasonally adjusted terms, there were rises in New South Wales (0.3 per cent), Western Australia (0.6 per cent), South Australia (0.5 per cent), Tasmania (1.0 per cent), the Australian Capital Territory (0.9 per cent) and the Northern Territory (0.7 per cent). There were falls in Victoria (-0.3 per cent) and Queensland (-0.1 per cent) in April 2016.

The trend estimate for Australian retail turnover rose 0.2 per cent in April 2016 following a 0.2 per cent rise in March 2016. Compared to April 2015, the trend estimate rose 3.4 per cent.

Online retail turnover contributed 3.0 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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