Australia Retail September 2021


Australia: Retail sales rebound in September

November 4, 2021

Retail sales increased 1.3% in month-on-month seasonally-adjusted terms in September, which contrasted August's 1.7% decrease.

The headline reading reflected expansions in housing goods retailing; clothing, footwear and personal accessory retailing; department stores; and, cafes, restaurants and takeaway food services. This more than offset contractions in food retailing and sales in department stores.

In annual terms, retail sales expanded 1.9% in September, contrasting the 0.8% contraction logged in August. Meanwhile, annual average growth in retail sales eased to 6.6% in September from 7.0% in August.

FocusEconomics Consensus Forecast panelists are still assessing the latest developments.

Author: Massimo Bassetti, Senior Economist

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Australia Retail Chart

Australia Retail September 2021

Note: Month-on-month seasonally adjusted changes and annual average variation of retail sales index in %.
Source: Australia Bureau of Statistics and FocusEconomics calculations.

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