Retail Sales in Australia

Australia Retail Sales | Economic News & Forecasts

Australia - Retail Sales

Retail sales growth jumps in October

Retail sales climbed 4.9% in month-on-month seasonally-adjusted terms in October, which followed September's 1.3% increase and benefited from easing Covid-19 restrictions.

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 a slight contraction in food retailing.

In annual terms, retail sales expanded 4.6% in October, following the 1.9% increase logged in September. Meanwhile, annual average growth in retail sales eased to 6.3% in October from 6.6% in September.

FocusEconomics Consensus Forecast panelists are still assessing the latest developments.

Australia - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)4.5  3.7  2.4  3.0  2.7  

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Australia Retail Sales Chart

Australia Retail
Note: Annual variation of real retail sales in %.
Source: Australia Bureau of Statistics and FocusEconomics calculations.

Australia Facts

Value Change Date
Bond Yield1.371.47 %Dec 31
Exchange Rate0.700.05 %Dec 31

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