Australian Retail Sales unchanged in September

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Friday, Nov 03 2017

Australian Retail Sales unchanged in September

The trend estimate was relatively unchanged (0.0%) in September 2017 following a relatively unchanged estimate (0.0%) in August 2017 and a relatively unchanged estimate (0.0%) in July 2017. The seasonally adjusted estimate was relatively unchanged (0.0%) in September 2017. This follows a fall of 0.5% in August 2017 and a fall of 0.3% in July 2017. In trend terms, Australian turnover rose 2.0% in September 2017 compared with September 2016.

The following industries fell in trend terms in September 2017: Household goods retailing (-0.5%), Cafes, restaurants and takeaway food services (-0.1%) and Department stores (-0.1%). Food retailing rose (0.1%) and Other retailing (0.0%) and Clothing, footwear and personal accessory retailing (0.0%) were relatively unchanged in trend terms in September 2017. In volume terms, the trend estimate for Australian turnover rose (0.6%) in the September quarter 2017.

More in this category: « Unemployment Claims decreased to 229,000 UK Services PMI increased to 55.6 »

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