Retail sales in Australia rose by 0.6% month-over-month to AUD 35.10 billion in September 2022, unrevised from the flash print and after a 0.6% gain in the prior month. This was the ninth straight month of growth in retail trade, as sales continued to rise in cafes, restaurants, and takeaway food (1.3% vs 1.3% in August), as did for food retailing (1% vs 1.1%), while there was a rebound in sales of both household goods retailing (-0.8% vs 2.6%) and other retailing (0.2% vs -2.5%). Conversely, sales in department stores fell (-0.4 vs 2.8%). Among states and territories, Australian Capital Territory went up the most (1.6%), followed by Western Australia (1.4%), Queensland (1.1%), the Northern Territory (1.1%), Tasmania (0.9%), Victoria (0.4%) and New South Wales (0.3%). Meanwhile, sales in South Australia fell 0.2%, the first fall in six months. During Q3, retail sales volumes rose 0.2%, the fourth straight rise but the softest pace since the COVID lockdowns ended in October 2021. 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 November of 2022.
Retail Sales MoM in Australia is expected to be 0.80 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.