Retail sales in Australia rose by 0.9% month-over-month to another record level of AUD 34.23 billion in May 2022, topping market forecasts of 0.4% and after a final 0.9% gain in April, a flash reading showed. This was also the fifth straight month of growth, as the economy recovered further from COVID-19 disruptions. Department stores had the largest rise, up 5.1%, followed by cafes, restaurants, and takeaway food services (1.8%), other retailing (1.5%), food retailing (0.6%) and household goods retailing (0.4%). Clothing, footwear, and personal accessory retailing was the only industry to record a fall, down 1.4% following three straight monthly rises. Of the states and territories, sales grew in New South Wales(1.6%), South Australia (1.9%), Victoria (1.3%), Western Australia (0.2%), Tasmania (1.1%) and the Northern Territory (0.6). In contrast, sales in Queensland fell 0.4% after a boost from tourism in April, while those in the Australian Capital Territory, dropped 0.3%. 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 July of 2022.

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. 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
2022-06-02 01:30 AM Retail Sales MoM Final Apr 0.9% 1.6% 0.9% 0.9%
2022-06-29 01:30 AM Retail Sales MoM Prel May 0.9% 0.9% 0.4% 0.6%
2022-07-05 01:30 AM Retail Sales MoM Final May 0.9% 0.9% 0.9%


Related Last Previous Unit Reference
Retail Sales MoM 0.90 0.90 percent May 2022
Retail Sales YoY 9.57 9.44 percent Apr 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
0.90 0.90 16.30 -17.40 1982 - 2022 percent Monthly
SA

News Stream
Australia Retail Sales Notch Fresh Record High
Retail sales in Australia rose by 0.9% month-over-month to another record level of AUD 34.23 billion in May 2022, topping market forecasts of 0.4% and after a final 0.9% gain in April, a flash reading showed. This was also the fifth straight month of growth, as the economy recovered further from COVID-19 disruptions. Department stores had the largest rise, up 5.1%, followed by cafes, restaurants, and takeaway food services (1.8%), other retailing (1.5%), food retailing (0.6%) and household goods retailing (0.4%). Clothing, footwear, and personal accessory retailing was the only industry to record a fall, down 1.4% following three straight monthly rises. Of the states and territories, sales grew in New South Wales(1.6%), South Australia (1.9%), Victoria (1.3%), Western Australia (0.2%), Tasmania (1.1%) and the Northern Territory (0.6). In contrast, sales in Queensland fell 0.4% after a boost from tourism in April, while those in the Australian Capital Territory, dropped 0.3%.
2022-06-29
Australia Retail Sales Notch Fresh Record High
Retail sales in Australia rose by 0.9% mom to another record level of AUD 33.9 billion in April 2022, unrevised from the flash figure and after a final 1.6% gain in March. This was also the fourth straight month of growth in retail trade, as the economy recovered further from COVID-19 hit. Food retailing led the rise (1.9% vs 0.5% in March), amid increased household spending over the April holiday period. Sales were also higher in cafes, restaurants and takeaway food (3.3% vs 2%), along with clothing, footwear and personal accessory (3.1% vs 0.5%) and other retailing (0.5% vs 2%). In contrast, household goods retailing fell for first time in four months (-2.7% vs 3.4%), as did in department stores (-2.5% vs 4.1%). Among states and territory, sales went up in Queensland (1.6%), Victoria (1.1%), Western Australia (2.2%), South Australia (1.4%), Tasmania (2%), and the Australian Capital Territory (0.5%). By contrast, sales in New South Wales fell 0.3% after March’s strong result.
2022-06-02
Australia Retail Sales Hit Fresh High
Retail sales in Australia rose by 0.9% mom to another record level of AUD 33.9 billion in April 2022, after a 1.6% gain in March and matching market forecasts, flash data showed. This was also the fourth straight month of growth in retail trade, as the economy recovered further from COVID-19 hit. Food retailing had the largest rise, up 1.9%, amid increased household spending over the April holiday period. Sales in cafes, restaurants and takeaway food were also higher (3.3%), along with clothing, footwear and personal accessory (3.1%) and other retailing (0.5%). In contrast, household goods retailing fell 2.7%, while sales in department stores dropped 2.5%. Among states and territory, sales went up the most in Queensland (1.6%), followed by Victoria (1.1%), Western Australia (2.2%), South Australia (1.4%), Tasmania (2%), the Australian Capital Territory (0.5%) and the Northern Territory (0.7%). New South Wales was the only state to record a fall, down 0.3% after March’s strong result.
2022-05-27