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Retail turnover rises 0.1 per cent in July 2013
The latest ABS Retail Trade figures show that Australian retail turnover rose 0.1 per cent in July 2013, seasonally adjusted, following a relatively unchanged June 2013 (0.0 per cent).
The largest contributor to the rise in July 2013 was household goods retailing (1.8 per cent) followed by food retailing (0.5 per cent), clothing, footwear and personal accessory retailing (1.4 per cent) and cafes, restaurants and takeaway food services (0.1 per cent). These rises were largely offset by falls in department stores (-7.9 per cent) and other retailing (-0.2 per cent). Over the longer term, the largest contributor to the weakness is department stores (down 1.3% in trend terms).
The state which was the largest contributor to the rise was South Australia (1.6 per cent) followed by Victoria (0.2 per cent), the Northern Territory (3.1 per cent), Tasmania (1.5 per cent) and the Australian Capital Territory (0.3 per cent). These rises were largely offset by falls in Western Australia (-0.7 per cent), New South Wales (-0.1 per cent) and Queensland (-0.2 per cent). Over the longer term, New South Wales is the largest contributor to the weakness (down 0.2 per cent in trend terms).
Through the year, Australian retail turnover rose 1.9 per cent in July 2013, seasonally adjusted, compared to July 2012.
The trend estimate for Australian retail turnover fell 0.1 per cent in July 2013. This follows a relatively unchanged June 2013 (0.0 per cent). Through the year, the trend estimate rose 1.6 per cent in July 2013 compared to July 2012.
More detailed industry analysis and further information on the statistical methodology is available in Retail Trade, Australia (cat no. 8501.0).
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