Australia Retail Sales MoM

Retail sales in Australia increased by 0.4 percent month-over-month in June 2019, accelerating from a 0.1 percent rise in the previous month and beating market expectations of 0.3 percent. This was the strongest monthly growth in retail trade since February, boosted by central bank rate cuts, tentative signs of a turnaround in housing market and government tax rebates to households. There were rises in five of the six industries: clothing, footwear and personal accessory retailing (2.0 percent vs 0.2 percent in May); other retailing (0.6 percent vs 0.5 percent); cafes, restaurants and takeaway services (0.5 percent, the same as in May); food retailing (0.1 percent vs -0.3 percent); and household goods retailing (0.2 percent vs 0.4 percent). In contrast, sales at department stores continued to fall (-0.6 percent vs -0.2 percent). Retail Sales MoM in Australia averaged 0.47 percent from 1982 until 2019, reaching an all time high of 8.10 percent in June of 2000 and a record low of -10.60 percent in July of 2000.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-07	01:30 AM	Retail Sales MoM Mar	0.3%	0.9%	0.2%	0.3%
2019-06-04	01:30 AM	Retail Sales MoM Apr	-0.1%	0.3%	0.2%	0.4%
2019-07-04	01:30 AM	Retail Sales MoM May	0.1%	-0.1%	0.2%	0.2%
2019-08-02	01:30 AM	Retail Sales MoM Jun	0.4%	0.1%	0.3%	0.4%
2019-09-03	01:30 AM	Retail Sales MoM Jul		0.4%
2019-10-04	01:30 AM	Retail Sales MoM Aug
2019-11-04	12:30 AM	Retail Sales MoM Sep				0.2%

Australia Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	100.00	96.50	123.94	64.61	Index Points	[+]
Retail Sales MoM	0.40	0.10	8.10	-10.60	percent	[+]
Retail Sales YoY	2.70	2.80	12.70	1.90	percent	[+]
Consumer Spending	262566.00	261885.00	262566.00	33383.00	AUD Million	[+]
Disposable Personal Income	309216.00	306322.00	309216.00	3106.00	AUD Million	[+]
Personal Savings	2.80	2.60	20.40	-1.90	percent	[+]
Consumer Credit	2829.93	2828.93	2830.23	35.83	AUD Billion	[+]
Private Sector Credit	0.10	0.10	2.70	-0.50	percent	[+]
Households Debt To GDP	120.30	120.70	122.00	34.20	percent of GDP	[+]
Bank Lending Rate	8.03	8.55	20.50	8.03	percent	[+]
Gasoline Prices	0.98	0.97	1.67	0.46	USD/Liter	[+]
Consumer Confidence Current Conditions	102.19	99.24	131.41	70.47		[+]
Consumer Confidence Economic Expectations	92.87	94.23	127.29	59.25		[+]
Consumer Confidence Financial Expectations	98.41	102.77	124.40	79.00		[+]
Consumer Confidence Major Purchases Expectations	122.03	117.09	154.86	71.04		[+]

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. This page provides - Australia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Retail Sales MoM - actual data, historical chart and calendar of releases - was last updated on August of 2019.