Retail sales in Australia rose by 0.2% mom to a fresh record level of AUD 34.24 billion in June 2022, unrevised from the flash data and after a final 0.7% growth in May. The latest print was the softest rise in retail trade since a fall in December 2021, as cost-of-living pressures appear to be slowing the growth in spending. Cafes and restaurants had the largest rise (2.7% vs 1.8% in May), followed by clothing (1.3% vs -1.4%), and other retailing (0.5% vs 1.5%). By contrast, sales in department stores fell (-3.7% vs 5.1%), as did food retailing (-0.3% vs 0.1%) and household goods retailing (-0.3% vs 0.3%). Across states, sales grew in the Northern Territory (1.8%), Queensland (0.7%), the Australian Capital Territory (0.6%), Western Australia (0.5%), and Tasmania (0.5%), while fell in New South Wales (-0.2%), and near unchanged in South Australia and Victoria. In Q2, retail sales grew 1.4%, the third straight quarterly rise and reaching a new peak of AUD 94.28 billion. source: Australian Bureau of Statistics

Retail Sales MoM in Australia averaged 0.49 percent from 1982 until 2022, reaching an all time high of 16.30 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 August of 2022.

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. 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



Calendar GMT Actual Previous Consensus TEForecast
2022-07-28 01:30 AM Retail Sales MoM Prel Jun 0.2% 0.7% 0.5% 0.7%
2022-08-03 01:30 AM Retail Sales MoM Final Jun 0.2% 0.9% 0.2%
2022-08-29 01:30 AM Retail Sales MoM Prel Jul 0.2% 0.1%


Related Last Previous Unit Reference
Retail Sales MoM 0.20 0.70 percent Jun 2022
Retail Sales YoY 12.00 10.40 percent Jun 2022
Consumer Spending 279204.00 275103.00 AUD Million Mar 2022
Disposable Personal Income 361506.00 359612.00 AUD Million Mar 2022
Personal Savings 11.40 13.60 percent Mar 2022

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
0.20 0.70 16.30 -17.40 1982 - 2022 percent Monthly
SA

News Stream
Australia Retail Sales Growth at 6-Month Low
Retail sales in Australia rose by 0.2% mom to a fresh record level of AUD 34.24 billion in June 2022, unrevised from the flash data and after a final 0.7% growth in May. The latest print was the softest rise in retail trade since a fall in December 2021, as cost-of-living pressures appear to be slowing the growth in spending. Cafes and restaurants had the largest rise (2.7% vs 1.8% in May), followed by clothing (1.3% vs -1.4%), and other retailing (0.5% vs 1.5%). By contrast, sales in department stores fell (-3.7% vs 5.1%), as did food retailing (-0.3% vs 0.1%) and household goods retailing (-0.3% vs 0.3%). Across states, sales grew in the Northern Territory (1.8%), Queensland (0.7%), the Australian Capital Territory (0.6%), Western Australia (0.5%), and Tasmania (0.5%), while fell in New South Wales (-0.2%), and near unchanged in South Australia and Victoria. In Q2, retail sales grew 1.4%, the third straight quarterly rise and reaching a new peak of AUD 94.28 billion.
2022-08-03
Australia Retail Sales Grow the Least in 6 Months
Retail sales in Australia rose by 0.2% mom to another record level of AUD 34.24 billion in June 2022, after a downwardly revised 0.7% growth in May and compared to market estimates of a 0.5%, a flash reading showed. The latest figure was the softest rise in retail trade since a fall in December 2021, amid mixed results across the six industries as cost-of-living pressures appear to be slowing the growth in spending. Cafes, restaurants, and takeaway food services had the largest rise (2.7%), followed by clothing and personal accessory retailing (1.3%), and other retailing (0.5%). By contrast, department stores saw the largest fall (-3.7%), followed by food retailing (-0.3%) and household goods retailing (-0.3%). Across state, sales grew in the Northern Territory (1.8%), Queensland (0.7%), the Australian Capital Territory (0.6%), Western Australian (0.5%) and Tasmania (0.5%), while fell in New South Wales (-0.2%), and relatively unchanged in South Australia and Victoria.
2022-07-28
Australia Retail Sales Confirmed at Record Level
Retail sales in Australia rose by 0.9% month-over-month to another record level of AUD 34.23 billion in May 2022, unrevised from the flash figure and after a final 0.9% gain in April. This was also the fifth straight month of growth, as the economy recovered further from COVID-19 disruptions. Department stores had the largest rise (5.1% vs -2.5% in April), followed by cafes, restaurants, and takeaway food services (1.8% vs 3.3%), other retailing (1.5% vs 0.5%), food retailing (0.6% vs 1.9%), and household goods (0.4% vs -2.7%). In contrast, clothing, footwear, and personal accessory retailing was the only industry saw a fall (-1.4% vs 3.1%). Of the states and territories, sales grew in New South Wales (1.6% vs -0.3% in April), South Australia (1.9%), Victoria (1.3% vs 1.1%), Western Australia (0.2% vs 2.2%), Tasmania (1.1% vs 2.0%) and the Northern Territory (0.6% vs 0.7%). In contrast, sales fell in Queensland (-0.4% vs 1.6%), and the Australian Capital Territory (-0.3% vs 0.5%).
2022-07-05