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. 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 October 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
-4.00 3.20 16.90 -17.70 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-03 01:30 AM Retail Sales MoM May 16.9% -17.7% 16.3% 16.3%
2020-08-04 01:30 AM Retail Sales MoM Jun 2.7% 16.9% 2.4% 2.6%
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 -4% -1.5% -1.5%
2020-11-20 12:30 AM Retail Sales MoM Prel Oct
2020-12-04 12:30 AM Retail Sales MoM Final Oct
2020-12-22 12:30 AM Retail Sales MoM Prel Nov


News Stream
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 Fall for 1st Time in 4 Months
Retail sales in Australia dropped 4.2 percent month-over-month in August 2020, the first decline since April, after a 3.2 percent rise in the previous month, mainly due to the coronavirus-stricken state of Victoria bearing the brunt of the downturn, a preliminary reading showed. There were large decreases in clothing, footwear and personal accessory retailing, department stores, and cafes, restaurants and takeaway food services, also saw large monthly falls, with the largest falls recorded in Victoria. New South Wales saw a large fall in cafes, restaurants and takeaway food services. Meantime, food retailing saw a small fall, with mixed results amongst the states and territories. All industries fell, primarily driven by the Victorian result, although there were drops in most states and territories. Turnover in household goods retailing led the declines, although sales in this industry remain 20 percent above the levels of August 2019.
2020-09-23
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 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.