Retail Sales in Australia

Australia Retail Sales | Economic News & Forecasts

Australia - Retail Sales

Retail sales jump in November

Nominal retail sales in November soared 7.1% over the previous month in seasonally-adjusted terms, following October’s 1.4% increase.

Particularly pronounced increases were recorded in household goods retailing, clothing, footwear and personal accessory retailing, department stores, cafes, restaurants and takeaway food services and other retailing.

In annual terms, retail sales jumped 12.1% in November, following October’s 7.7% expansion. Meanwhile, annual average growth in retail sales rose from 5.0% in October to 5.8% in November, marking the best reading since November 2009.

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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