Retail sales in Australia surged 16.9 percent month-over-month in May 2020, rebounding from a 17.7 percent plunge in the previous month and beating market expectations of a 16.3 percent gain. It was the largest rise in retail trade on record, as a wide-scale easing in COVID-19 lockdowns allowed entire sectors to reopen. Sales increased for all categories: clothing, footwear and personal accessory retailing (129.2 percent vs -53.6 percent in April), cafes, restaurants and takeaway food services (30.3 percent vs -35.4 percent), food (7.2 percent vs -17.4 percent), household goods (16.6 percent vs -0.1 percent), department stores (44.4 percent vs -14.9 percent) and other retailing (9.4 percent vs -14.4 percent). Retailers reported themes of continued spend on home improvements and high demand for recreational goods.

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 July of 2020. source: Australian Bureau of Statistics

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. Looking forward, we estimate Retail Sales MoM in Australia to stand at 0.80 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
16.90 -17.70 16.90 -17.70 1982 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 12:30 AM Retail Sales MoM Feb 0.5% -0.3% 0.4% 0.4%
2020-05-06 01:30 AM Retail Sales MoM Final Mar 8.5% 0.6% 8.2% 8.2%
2020-06-04 01:30 AM Retail Sales MoM Apr -17.7% 8.5% -17.9% -18%
2020-07-03 01:30 AM Retail Sales MoM May 16.9% -17.7% 16.3% 16.3%
2020-08-02 01:30 AM Retail Sales MoM Jun 16.9% 5%
2020-09-03 01:30 AM Retail Sales MoM Jul
2020-10-04 01:30 AM Retail Sales MoM Aug
2020-11-04 12:30 AM Retail Sales MoM Sep 0.2%


News Stream
Australia Retail Sales Rise at Record Pace
Retail sales in Australia surged 16.9 percent month-over-month in May 2020, rebounding from a 17.7 percent plunge in the previous month and beating market expectations of a 16.3 percent gain. It was the largest rise in retail trade on record, as a wide-scale easing in COVID-19 lockdowns allowed entire sectors to reopen. Sales increased for all categories: clothing, footwear and personal accessory retailing (129.2 percent vs -53.6 percent in April), cafes, restaurants and takeaway food services (30.3 percent vs -35.4 percent), food (7.2 percent vs -17.4 percent), household goods (16.6 percent vs -0.1 percent), department stores (44.4 percent vs -14.9 percent) and other retailing (9.4 percent vs -14.4 percent). Retailers reported themes of continued spend on home improvements and high demand for recreational goods.
2020-07-03
Australia Retail Sales Rebound at Record Pace
Retail sales in Australia surged 16.3 percent month-over-month in May 2020, as a wide-scale easing in COVID-19 lockdowns allowed entire sectors to reopen, a preliminary reading showed. This is the largest seasonally adjusted rise ever published in the 38 years of the retail trade survey, following the biggest ever fall of 17.7 percent in April. There were large gains for clothing, footwear and personal accessory retailing and cafes, restaurants and takeaway food services, as restrictions on trade were lifted during May. There were also large rises in household goods retailing, where retailers reported increases in spending relating to homes, including furniture, home entertainment, home offices, and home improvement. Food retailing also rose as households continued to consume additional food and beverages at home. Levels in liquor retailing remain high, as restrictions on hospitality, such as bars, clubs and events, remained in place.
2020-06-19
Australia Retail Sales Plunge at Record Pace
Retail sales in Australia tumbled 17.7 percent month-over-month in April of 2020, compared to a preliminary reading of 17.9 percent plunge and after an 8.5 percent gain in the prior month. This was the steepest decline on record in retail trade, with many retail businesses closing their physical stores due to coronavirus restrictions. Sales fell for most categories: clothing, footwear and personal accessory retailing (-53.6 percent vs -22.6 percent in March); cafes, restaurants and takeaway food services (-35.4 percent vs -22.9 percent); food retailing (-17.4 percent vs 24.1 percent); department stores (-14.9 percent vs -8.9 percent); other retailing (-14.4 percent vs 16.6 percent); and household goods retailing (-0.1 percent vs 9.1 percent).
2020-06-04
Australia Retail Sales Rise at Record Pace in March
Retail sales in Australia increased by 8.5 percent month-over-month in March of 2020, compared to a preliminary reading of 8.2 percent and after an upwardly revised 0.6 percent gain in the prior month. This was the biggest monthly rise in retail trade on record, as a lockdown due to the COVID-19 outbreak led to panic buying of food and other essential items. Sales went up further food retailing (24.1 percent vs 1 percent in February), other retailing (16.6 percent vs 0.2 percent), and household goods retailing (9.1 percent vs 0.9 percent). Partially offsetting the increases there were declines in cafes, restaurants and takeaway food services (-17 percent vs -6.9 percent), clothing, footwear and personal accessory retailing (-22.6 percent vs -3 percent), and department stores (-8.9 percent vs 3.8 percent).
2020-05-06

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.