Retail sales in Australia increased by 8.5 percent month-over-month in March of 2020, compared to a preliminary reading of 8.2 percent and after an upwardly revised 0.6 percent gain in the prior month. This was the biggest monthly rise in retail trade on record, as a lockdown due to the COVID-19 outbreak led to panic buying of food and other essential items. Sales went up further food retailing (24.1 percent vs 1 percent in February), other retailing (16.6 percent vs 0.2 percent), and household goods retailing (9.1 percent vs 0.9 percent). Partially offsetting the increases there were declines in cafes, restaurants and takeaway food services (-17 percent vs -6.9 percent), clothing, footwear and personal accessory retailing (-22.6 percent vs -3 percent), and department stores (-8.9 percent vs 3.8 percent).

Retail Sales MoM in Australia averaged 0.48 percent from 1982 until 2020, reaching an all time high of 8.50 percent in March of 2020 and a record low of -10.60 percent in July of 2000. This page provides - Australia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Australian Bureau of Statistics

Retail Sales MoM in Australia is expected to be -1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Australia to stand at 0.30 in 12 months time. In the long-term, the Australia Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.40 percent in 2022, according to our econometric models.

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Australia Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
8.50 0.60 8.50 -10.60 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-06 12:30 AM Retail Sales MoM Dec -0.5% 1.0% -0.2% -0.1%
2020-03-06 12:30 AM Retail Sales MoM Jan -0.3% -0.7% 0% -0.1%
2020-04-03 12:30 AM Retail Sales MoM Feb 0.5% -0.3% 0.4% 0.4%
2020-05-06 01:30 AM Retail Sales MoM Final Mar 8.5% 0.6% 8.2% 8.2%
2020-06-04 01:30 AM Retail Sales MoM Apr 8.5% -9%
2020-07-03 01:30 AM Retail Sales MoM May -3%
2020-08-02 01:30 AM Retail Sales MoM Jun -1.5%
2020-09-03 01:30 AM Retail Sales MoM Jul


News Stream
Australia Retail Sales Rise at Record Pace in March
Retail sales in Australia increased by 8.5 percent month-over-month in March of 2020, compared to a preliminary reading of 8.2 percent and after an upwardly revised 0.6 percent gain in the prior month. This was the biggest monthly rise in retail trade on record, as a lockdown due to the COVID-19 outbreak led to panic buying of food and other essential items. Sales went up further food retailing (24.1 percent vs 1 percent in February), other retailing (16.6 percent vs 0.2 percent), and household goods retailing (9.1 percent vs 0.9 percent). Partially offsetting the increases there were declines in cafes, restaurants and takeaway food services (-17 percent vs -6.9 percent), clothing, footwear and personal accessory retailing (-22.6 percent vs -3 percent), and department stores (-8.9 percent vs 3.8 percent).
2020-05-06
Australia Retail Sales Rise at Record Pace: Preliminary Data
Retail sales in Australia increased by 8.2 percent month-over-month in March of 2020, a preliminary estimate from the Australian Bureau of Statistics showed. This was the highest growth on record in retail trade, as a lockdown due to the COVID-19 outbreak led to panic buying of food and other essential items. Sales were also strong in retail industries selling items related to home offices. Meanwhiles, sales dropped in industries including cafes, restaurants and takeaway food services, and clothing, footwear and personal accessory retailing, due to new social distancing regulations introduced in March.
2020-04-22
Australia Retail Sales Revised Higher
Retail sales in Australia increased by 0.5 percent month-over-month in February 2020, compared to a preliminary data of 0.4 percent and after a 0.3 percent fall in the previous month. This was the first increase in retail trade in three months, with retailers reporting a range of impacts from COVID-19. There were rises in food retailing (0.8 percent vs 0.3 percent in January), department stores (3.1 percent vs -2.4 percent), household goods retailing (0.7 percent vs -1.2 percent), cafes, restaurants and takeaway food services (0.2 percent vs flat reading), and other retailing (0.2 percent vs -0.2 percent). These rises were partially offset by a fall in clothing, footwear and personal accessory retailing (-2.9 percent vs -1.4 percent).
2020-04-03
Australia Retail Sales Rise 0.4% MoM: Preliminary Figure
Retail sales in Australia increased by 0.4 percent month-over-month in February 2020, rebounding from a 0.3 percent fall in the previous month, a preliminary data from the Australian Bureau of Statistics showed. The bureau said it decided to release a preliminary series, which is subject to revision when the final numbers are released on April 3rd, to provide up-to-date information to help understand the economic impact of the coronavirus pandemic. The rise in February was largely driven by the food retailing, with panicked shoppers rushing to supermarkets amid fears of shortages of essential items. In contrast, declines were reported in clothing, footwear and personal accessory retailing where businesses reported adverse impacts from the virus. Weakness was also seen in other retailing including duty free stores and luxury goods retailing where businesses that are heavily reliant on overseas visitors reported impacts from the outbreak.
2020-03-18

Australia Retail Sales MoM
In Australia, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Australia, Retail sales are seasonal, volatile and relatively important to the overall economy.