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Australian Retail Sales fell 0.1%

Monday, Apr 03 2017
Australian Retail Sales fell 0.1%

Australian retail turnover fell 0.1 per cent in February 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a rise of 0.4 per cent in January 2017. In seasonally adjusted terms, there were falls in clothing, footwear and personal accessory retailing (-2.5 per cent) and household goods retailing (-0.4 per cent). These falls were offset by rises in food retailing (0.3 per cent) and department stores (0.8 per cent). Other retailing, and cafes, restaurants and takeaway food services were relatively unchanged (0.0 per cent).

 

Separate report on Building Approval showed that number of dwellings approved rose 0.8 per cent in February 2017, in trend terms, after falling for eight months, according to data released by the Australian Bureau of Statistics (ABS) today. Dwelling approvals increased in February in New South Wales (2.5 per cent), Victoria (1.4 per cent), Tasmania (0.9 per cent) and South Australia (0.5 per cent), but decreased in the Australian Capital Territory (15.6 per cent), Northern Territory (12.3 per cent), Queensland (0.7 per cent) and Western Australia (0.2 per cent) in trend terms.

Last modified on Monday, 03 April 2017
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