Australia Retail Sales MoM

Retail sales in Australia advanced 0.4 percent month-over-month in August 2019, after being unchanged in the previous month and compared to market expectations of 0.5 percent growth. This was the fastest monthly rise in retail trade since February, following recent interest rate cuts from the RBA and government tax rebates. Sales grew for food retailing (0.4 percent, the same pace as in July), household goods retailing (0.3 percent vs 0.2 percent), clothing, footwear and personal accessory retailing (1.8 percent vs -0.9 percent), department stores (1.1 percent vs -0.2 percent), and other retailing (0.3 percent vs -0.4 percent). The rises were partly offset by a fall in cafes, restaurants and takeaway services (-0.3 percent vs -0.6 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
2019-07-04	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	-0.1%	0.4%	0.2%	0.1%
2019-10-04	01:30 AM	Retail Sales MoM Aug	0.4%	0%	0.5%	0.1%
2019-11-04	12:30 AM	Retail Sales MoM Sep		0.4%		0.2%
2019-12-05	12:30 AM	Retail Sales MoM Oct

Australia Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	92.80	98.20	123.94	64.61	Index Points	[+]
Retail Sales MoM	0.40	0.00	8.10	-10.60	percent	[+]
Retail Sales YoY	2.30	2.50	12.70	1.90	percent	[+]
Consumer Spending	263544.00	262570.00	263544.00	33383.00	AUD Million	[+]
Disposable Personal Income	310782.00	309948.00	310782.00	3103.00	AUD Million	[+]
Personal Savings	2.30	3.00	20.40	-1.90	percent	[+]
Consumer Credit	2908.87	2899.68	2908.87	35.83	AUD Billion	[+]
Private Sector Credit	0.20	0.20	2.90	-0.50	percent	[+]
Gasoline Prices	1.01	0.96	1.67	0.46	USD/Liter	[+]
Households Debt To GDP	119.40	120.10	122.00	34.20	percent of GDP	[+]
Bank Lending Rate	8.03	8.03	20.50	8.03	percent	[+]
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 October of 2019.