Retail sales in Australia rose by 3.2 percent month-over-month in July 2020, compared with a preliminary figure of a 3.3 percent gain and after a 2.7 percent rise in a month earlier. This was the third straight month of growth in retail trade, as the economy continued to recover from the impact of the COVID-19 crisis. Household goods (4 percent vs -3.2 percent in June) led the monthly rises, as consumers continued to purchase large items for homes. Also, there were rises in other retailing (4.4 percent vs 0.3 percent), food (1.2 percent vs 0.9 percent), clothing, footwear and personal accessory retailing (7.1 percent vs 20.5 percent), department stores (4 percent vs -12.1 percent), and cafes, restaurants, and takeaway food services (4.9 percent vs 27.9 percent).

Retail Sales MoM in Australia averaged 0.49 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 September of 2020. source: Australian Bureau of Statistics

Retail Sales MoM in Australia is expected to be 0.20 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 0.80 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
3.20 2.70 16.90 -17.70 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-04 01:30 AM Apr -17.7% 8.5% -17.9% -18%
2020-07-03 01:30 AM May 16.9% -17.7% 16.3% 16.3%
2020-08-04 01:30 AM Jun 2.7% 16.9% 2.4% 2.6%
2020-09-04 01:30 AM Jul 3.2% 2.7% 3.3% 3.3%
2020-10-02 01:30 AM Aug 3.2%
2020-11-04 12:30 AM Sep 0.2%
2020-12-04 12:30 AM Oct
2021-01-11 12:30 AM Nov


News Stream
Australia Retail Sales Grow for 3rd Month
Retail sales in Australia rose by 3.2 percent month-over-month in July 2020, compared with a preliminary figure of a 3.3 percent gain and after a 2.7 percent rise in a month earlier. This was the third straight month of increase in retail trade, as the economy continued to recover from the impact of the COVID-19 crisis. Household goods (4 percent vs -3.2 percent in June) led the monthly rises, as consumers continued to purchase large items for homes. Also, there were rises in other retailing (4.4 percent vs 0.3 percent), food (1.2 percent vs 0.9 percent), clothing, footwear and personal accessory retailing (7.1 percent vs 20.5 percent), department stores (4 percent vs -12.1 percent), and cafes, restaurants, and takeaway food services (4.9 percent vs 27.9 percent).
2020-09-04
Australia Retail Sales Growth Accelerates in July
Retail sales in Australia increased 3.3 percent month-over-month in July 2020, accelerating from a 2.7 percent gain in the previous month, a preliminary reading showed. There were large increases in household goods retailing, and the recovery in cafes, restaurants and takeaway food services, and clothing, footwear and personal accessory retailing. Turnover in household goods was 30 percent above the levels of July 2019, with sales of furniture, white goods and electrical items remaining high. Meantime, other retailing and department stores saw similar monthly rises to household goods in percentage terms. Food retailing also saw a rise of 1.2 percent, with supermarkets and grocery store turnover elevated in Victoria especially, with spikes in sales of non-perishable items evident in July.
2020-08-21
Australia Retail Sales Rise for 2nd Month
Retail sales in Australia increased 2.7 percent month-over-month in June 2020, easing from a 16.9 percent jump in the previous month but beating market expectations of a 2.4 percent rise, as business continued to resume operations following lockdowns due to the coronavirus pandemic. Sales continued to rise for clothing, footwear and personal accessory retailing (20.5 percent vs 129.2 percent in May); cafes, restaurants and takeaway food services (27.9 percent vs 30.3 percent); food retailing (0.9 percent vs 7.2 percent); and other retailing (0.3 percent vs 9.4 percent. Meanwhile, sales fell for household goods (-3.2 percent vs 16.6 percent) and department stores (-12.1 percent vs 44.4 percent). On a quarterly basis, retail trade dropped 3.4 percent in the three months to June, the most since the introduction of the goods and services tax in 2000, following a 0.7 percent in the prior period.
2020-08-04
Australia Retail Sales Growth Eases to 2.4% in June
Retail sales in Australia increased 2.4 percent month-over-month in June 2020, slowing from a 16.9 percent jump in the previous month, a preliminary reading showed. There were large increases in turnover in cafes, restaurants and takeaway food services, and clothing, footwear and personal accessory retailing. While some restrictions on trade remained in June, many businesses in these industries saw a full month of trade, having been closed for the first week of May 2020. Food retailing rose 0.9 percent, with a rise in supermarkets and grocery stores offset by a fall in liquor retailing. Levels in supermarkets and grocery stores remained elevated, with evidence of stockpiling occurring at the very end of June, particularly in Victoria. Meantime, household goods retailing declined, however this industry continued to trade significantly above the levels of June 2019. Also, department stores fell 12 percent following a large rise in May.
2020-07-22

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.