Retail sales in Australia surged 7.3% mom in November 2021, exceeding market consensus of 3.9% and after a 4.9% gain in October. The latest reading was the 4th-strongest monthly rise in the series, lifting sales to their record high of AUD 33.41 billion. The previous peak for sales was hit in November 2020, according to the Australian Bureau of Statistics. Pent-up consumer demand in November was unleashed in the pre-Christmas and Black Friday sales period, as much of the country emerged from a tough pandemic lockdown. There were record sales in clothing, footwear (38.2% vs 27.7% in October), household goods retailing (11.6% vs 4.5%), department stores (26.0% vs 22.4%) and other retailing (7.3% vs 2.2%). Also, sales at cafes, restaurants gained further (9.3% vs 12.3%). “Further easing in the south-eastern states and territories has seen the retail industry recover all lost momentum caused by the Delta outbreak,” said ABS director Ben James. source: Australian Bureau of Statistics

Retail Sales MoM in Australia averaged 0.49 percent from 1982 until 2021, reaching an all time high of 16.60 percent in May of 2020 and a record low of -17.40 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 January of 2022.

Retail Sales MoM in Australia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Retail Sales MoM is projected to trend around 0.40 percent in 2023, according to our econometric models.

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Australia Retail Sales MoM


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.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 4.90 16.60 -17.40 1982 - 2021 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-02 12:30 AM Retail Sales MoM Final Oct 4.9% 1.3% 4.9% 4.9%
2022-01-11 12:30 AM Retail Sales MoM Nov 7.3% 4.9% 3.9% 3.8%
2022-02-01 12:30 AM Retail Sales MoM Prel Dec 7.3%


Related Last Previous Unit Reference
Retail Sales MoM 7.30 4.90 percent Nov/21
Retail Sales YoY 5.10 1.70 percent Oct/21
Consumer Spending 258305.00 271397.00 AUD Million Sep/21
Disposable Personal Income 361219.00 345230.00 AUD Million Sep/21
Personal Savings 19.80 11.80 percent Sep/21


News Stream
Australia Retail Sales Growth Beats Forecasts
Retail sales in Australia surged 7.3% mom in November 2021, exceeding market consensus of 3.9% and after a 4.9% gain in October. The latest reading was the 4th-strongest monthly rise in the series, lifting sales to their record high of AUD 33.41 billion. The previous peak for sales was hit in November 2020, according to the Australian Bureau of Statistics. Pent-up consumer demand in November was unleashed in the pre-Christmas and Black Friday sales period, as much of the country emerged from a tough pandemic lockdown. There were record sales in clothing, footwear (38.2% vs 27.7% in October), household goods retailing (11.6% vs 4.5%), department stores (26.0% vs 22.4%) and other retailing (7.3% vs 2.2%). Also, sales at cafes, restaurants gained further (9.3% vs 12.3%). “Further easing in the south-eastern states and territories has seen the retail industry recover all lost momentum caused by the Delta outbreak,” said ABS director Ben James.
2022-01-11
Australia Retail Sales Growth at 11-Month High
Retail sales in Australia rose by 4.9% mom in October 2021, unrevised from the flash figure and after a 1.3% growth a month earlier. This was the second straight month of increase in retail trade and the strongest pace since November 2020, buoyed by the end of lockdowns in New South Wales, Victoria, and the Australian Capital Territory. Consumers enthusiastically returned to discretionary spending, with rises in five of the industry categories: clothing, footwear and personal accessory retailing (27.7% vs 5.9% in September), cafes restaurants and takeaway food (12.3% vs 5.0%), department stores (22.4% vs -0.3%), household goods retailing (4.5% vs 4.3%), and other retailing (2.2% vs 2.1%). In contrast, sales of food retailing fell (-0.5% vs -1.4%). Among states, sales in New South Wales grew 13.3%, returning to the levels seen in the months immediately prior to the Delta outbreak; while those in Victoria and the Australian Capital Territory remain below pre-Delta levels.
2021-12-02
Australia Retail Sales Rise the Most in 11 Months
Retail sales in Australia rose by 4.9% mom in October 2021, beating market consensus of 2.5% and after a 1.3% growth a month earlier, flash data showed. This was the second straight month of increase in retail trade and the strongest pace since November 2020, buoyed by the end of lockdowns in New South Wales, Victoria, and the Australian Capital Territory. Consumers enthusiastically returned to discretionary spending, with rises in five of the industry categories: clothing, footwear and personal accessory retailing (27.7%), cafes restaurants and takeaway food (12.3%), department stores (22.4%), household goods retailing (4.5%), and other retailing (2.2%). In contrast, food retailing fell 0.5%. Among states, sales in New South Wales grew 13.3%, returning to the levels seen in the months immediately prior to the Delta outbreak; while those in Victoria and the Australian Capital Territory remain below pre-Delta levels.
2021-11-26