Retail sales in Australia rose by 1.6 percent month-over-month in October 2020, easily beating market consensus of a 0.3 percent rise and after a 1.1 percent fall a month earlier, a preliminary reading showed. This was the first increase in retail trade since July, boosted by the reopening of retail stores in Victoria at the end of October. Cafes, restaurants and takeaway food services led the rises, while there were also gains in clothing, footwear and personal accessory retailing, other retailing, and department stores. Victoria led the state rises, while there was also a 1.6 percent increase in New South Wales, following falls in August and September. Western Australia saw a minor monthly rise. source: Australian Bureau of Statistics

Retail Sales MoM in Australia averaged 0.48 percent from 1982 until 2020, reaching an all time high of 16.90 percent in May of 2020 and a record low of -17.70 percent in April of 2020. 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 November of 2020.

Retail Sales MoM in Australia is expected to be 0.40 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 0.60 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
1.60 -1.50 16.90 -17.70 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-04 01:30 AM Retail Sales MoM Jul 3.2% 2.7% 3.3% 3.3%
2020-10-02 01:30 AM Retail Sales MoM Aug -4% 3.2% -4.2% -4.2%
2020-11-04 12:30 AM Retail Sales MoM Final Sep -1.1% -4% -1.5% -1.5%
2020-11-20 12:30 AM Retail Sales MoM Prel Oct 1.6% -1.1% 0.3% 0.4%
2020-12-04 12:30 AM Retail Sales MoM Final Oct -1.1% 1.6%
2020-12-22 12:30 AM Retail Sales MoM Prel Nov
2021-01-10 12:30 AM Retail Sales MoM Nov
2021-01-11 12:30 AM Retail Sales MoM Final Nov


News Stream
Australia Retail Sales Rise for First Time in 3 Months
Retail sales in Australia rose by 1.6 percent month-over-month in October 2020, easily beating market consensus of a 0.3 percent rise and after a 1.1 percent fall a month earlier, a preliminary reading showed. This was the first increase in retail trade since July, boosted by the reopening of retail stores in Victoria at the end of October. Cafes, restaurants and takeaway food services led the rises, while there were also gains in clothing, footwear and personal accessory retailing, other retailing, and department stores. Victoria led the state rises, while there was also a 1.6 percent increase in New South Wales, following falls in August and September. Western Australia saw a minor monthly rise.
2020-11-20
Australia Retail Sales Fall Less than Initially Anticipated
Retail sales in Australia dropped by 1.1 percent month-over-month in September 2020, compared to an initial estimate of a 1.5 percent fall and following a 4.0 percent decline in August. Decreases were led by household goods retailing (-3.6 percent vs -6 percent in August), food retailing (-1.5 percent vs -0.2 percent), clothing, footwear, and personal accessories retailing (-1.1 percent vs -10.5 percent), and other retailing (-0.7 percent vs -5.2 percent). In contrast, sales grew both at department stores (1 percent vs -8.9 percent), and at cafes, restaurants and take away food services (3.5 percent vs -6.6 percent).
2020-11-04
Australia Retail Sales Fall for 2nd Month
Retail sales in Australia dropped 1.5 percent month-over-month in September 2020, after a 4 percent fall in the previous month. It was the second consecutive decline in retail sales, with the most populous state of New South Wales leading the falls, a preliminary reading showed. Every state and territory, except the Northern Territory, fell this month. Victoria recorded a minor decline in September following a drop of 12.6 percent in August when the Stage-4 restrictions in Melbourne, and Stage-3 restrictions in regional Victoria were introduced. There were decreases in food retailing, household goods retailing, and other retailing.
2020-10-21
Australia Retail Sales Decline for First Time in 4 Months
Retail sales in Australia fell by 4 percent month-over-month in August 2020, after a 3.2 percent rise in in the previous month and compared with market expectations of a 4.2 percent drop. This marked the first decline in retail trade since April, with the virus-stricken state of Victoria bearing the brunt of the downturn. Sales decreased for all categories: clothing, footwear and personal accessory retailing (-10.5 percent vs 7.1 percent in July); department stores (-8.9 percent vs 4 percent); household goods retailing (-6 percent vs 4 percent); other retailing (-5.1 percent vs 4.4 percent); cafes, restaurants and takeaway food services (-6.6 percent vs 4.9 percent); and food retailing (-0.2 percent vs 1.2 percent). Through the year to August 2020, retail sales rose by 7.1 percent.
2020-10-02

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.