Retail sales in Australia fell by 1.7 percent month-over-month in August 2021, unrevised from the preliminary figure and after a final 2.7 percent drop in July. This was the third straight month of falls in retail trade, amid lockdown restrictions. By industry, falls were seen in sales of clothing, footwear, and personal accessory retailing (-15.7% vs -15.4% in July), cafes, restaurants, and takeaway food (-7% vs -12.3%), department stores (-10.2% vs -11.4%), and household goods retailing (-2.3% vs -2.2%). In contrast, food retailing (2.1% vs 2.3%) saw the largest rise as curbs continue to limit mobility and keep households at home. Other retailing (0.8% vs 0.6%) also rose, in part due to additional online sales. States with lockdowns saw retail sales falling, namely New South Wales (- 3.5% to its lowest level since April 2020), Victoria (- 3%), and the Australian Capital Territory (-19.9%). source: Australian Bureau of Statistics
Retail Sales MoM in Australia averaged 0.47 percent from 1982 until 2021, reaching an all time high of 16.60 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 October of 2021.
Retail Sales MoM in Australia is expected to be 0.50 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 2022, according to our econometric models.