Retail sales in Australia declined by 1.8 percent month-over-month in July 2021, compared with market expectations of a 0.4 percent fall and after a final 0.4 percent gain a month earlier, preliminary data showed. This was the first drop in retail trade since February, due to the impact of coronavirus restrictions across multiple states, including Victoria and New South Wales. Cafes, restaurants, and takeaway food services, and clothing, footwear, and personal accessory retailing saw the largest falls. In contrast, sales grew for food retailing (1.5%). Victoria (-3.5 percent) led the state falls, with the impact of the state’s fourth lockdown more pronounced in June than May (-0.9 percent). New South Wales (-2.0 percent) and Queensland (-1.5 percent) also fell due to stay-at-home restrictions and reduced interstate mobility. On a quarterly basis, the preliminary estimate showed retail trade rose by 1.3 percent in Q2, after a 0.1 percent drop in Q1. source: Australian Bureau of Statistics

Retail Sales MoM in Australia averaged 0.48 percent from 1982 until 2021, 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 2021.

Retail Sales MoM in Australia is expected to be 0.60 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 0.20 in 12 months time. In the long-term, the Australia Retail Sales MoM is projected to trend around 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
-1.80 0.40 16.90 -17.70 1982 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-03 01:30 AM Retail Sales MoM Final Apr 1.1% 1.3% 1.1% 1.1%
2021-06-21 01:30 AM Retail Sales MoM Prel May 0.1% 1.1% 0.5% 0.5%
2021-07-05 01:30 AM Retail Sales MoM Final May 0.4% 1.1% 0.1%
2021-07-21 01:30 AM Retail Sales MoM Prel Jun -1.8% 0.4% -0.4% -0.6%
2021-08-04 01:30 AM Retail Sales MoM Final Jun 0.4% -1.8%
2021-09-03 01:30 AM Retail Sales MoM Jul
2021-10-05 01:30 AM Retail Sales MoM Aug
2021-11-04 12:30 AM Retail Sales MoM Final Sep


News Stream
Australia Retail Sales Slump in July
Retail sales in Australia declined by 1.8 percent month-over-month in July 2021, compared with market expectations of a 0.4 percent fall and after a final 0.4 percent gain a month earlier, preliminary data showed. This was the first drop in retail trade since February, due to the impact of coronavirus restrictions across multiple states, including Victoria and New South Wales. Cafes, restaurants, and takeaway food services, and clothing, footwear, and personal accessory retailing saw the largest falls. In contrast, sales grew for food retailing (1.5%). Victoria (-3.5 percent) led the state falls, with the impact of the state’s fourth lockdown more pronounced in June than May (-0.9 percent). New South Wales (-2.0 percent) and Queensland (-1.5 percent) also fell due to stay-at-home restrictions and reduced interstate mobility. On a quarterly basis, the preliminary estimate showed retail trade rose by 1.3 percent in Q2, after a 0.1 percent drop in Q1.
2021-07-21
Australia Retail Sales Grow for 3rd Month
Retail sales in Australia rose by 0.4 percent month-over-month in June 2021, compared with the preliminary figure of 0.1 percent and after a 1.1 percent growth a month earlier. This was the third straight month of increase but the softest pace in the sequence, amid COVID-19 restrictions in Victoria during the last week of May. There were rises in sales of food retailing (1.1 percent vs 1.4 percent in April), other retailing (0.7 percent vs 1.7 percent), and cafes, restaurants, and takeaway food services (0.7 percent vs 2.3 percent). At the same time, clothing, footwear, and personal accessory retailing were flat after gaining 1.2 percent. On the other hand, sales fell for household goods retailing (-1.1 percent vs 1.5 percent), and in department stores (-0.7 percent vs -6.7 percent).
2021-07-05
Australia Retail Sales Growth Slows to 3-Month Low
Retail sales in Australia rose by 0.1 percent month-over-month in May 2021, slowing from a 1.1 percent growth a month earlier and missing market consensus of 0.5 percent, preliminary data showed. This was the third straight month of increase in retail trade and the softest pace in the sequence, amid COVID-19 restrictions in Victoria during the last week of May. Food retailing led the rises, while sales fell in household goods retailing, and clothing, footwear and personal accessory retailing.
2021-06-21
Australia Retail Sales Grow for 2nd Straight Month
Retail sales in Australia rose by 1.1 percent month-over-month in April 2021, unrevised from the preliminary figure and after a final 1.3 percent gain a month earlier. This was the second straight month of growth in retail trade, as sales grew for food retailing (1.4 percent vs -0.9 percent in March), household goods retailing (1.5 percent vs -0.1 percent), clothing, footwear, and personal accessory retailing (1.2 percent vs 5.4 percent), other retailing (1.7 percent vs 1.4 percent), and cafes, restaurants and takeaway food services (2.3 percent vs 4.8 percent). On the other hand, sales in department stores fell for the first time in three months (-6.7 percent vs 8.5 percent).
2021-06-03

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.