ANALYSIS - TOTAL RETAIL


TOTAL RETAIL - MONTHLY

The chart below shows the trend series and seasonally adjusted series to March 2014.

In current prices, the trend estimate for Australian turnover rose 0.5% in March 2014 following a rise of 0.6% in February 2014 and a rise of 0.6% in January 2014.

The seasonally adjusted estimate for Australian turnover rose 0.1% in March 2014 following a rise of 0.3% in February 2014 and a rise of 1.1% in January 2014.

The original estimate for Australian turnover rose 10.3% in March 2014. The original estimate for chains and other larger retailers rose 10.4% in March 2014. The original estimate for smaller retailers rose 10.1% in March 2014.

TOTAL RETAIL - QUARTERLY

In volume terms, the seasonally adjusted estimate for the March quarter 2014 rose 1.2% following a rise of 1.1% in the December quarter 2013 and a rise of 0.8% in the September quarter 2013.

In the March quarter 2014, the seasonally adjusted estimate rose in volume terms for Household goods retailing (3.5%), Cafes, restaurants and takeaway food retailing (3.1%), Food retailing (0.8%) and Other retailing (0.5%). Department stores (-0.6%) and Clothing, footwear and personal accessory retailing (-0.4%) fell in volume terms in the March quarter 2014.

The Implicit Price Deflator for Australian turnover rose 0.8% in seasonally adjusted terms in the March quarter 2014.


TOTAL RETAIL - BY STATE

The following states and territories rose in trend terms in March 2014: New South Wales (0.9%), Victoria (0.5%), Queensland (0.4%), Tasmania (0.6%) and the Northern Territory (0.4%). South Australia and Western Australia were relatively unchanged (0.0%). The Australian Capital Territory (-0.5%) fell in trend terms in March 2014.

The following states and territories rose in seasonally adjusted terms in March 2014: New South Wales (0.8%), Queensland (0.2%),Tasmania (0.8%) and the Northern Territory (0.1%). Western Australia (-0.9%), South Australia (-0.8%), Victoria (-0.2%) and the Australian Capital Territory (-0.8%) fell in seasonally adjusted terms in March 2014.

In the March quarter 2014, the seasonally adjusted estimate rose in volume terms in the following states: New South Wales (2.6%), Victoria (1.4%), Queensland (1.1%), Tasmania (1.7%) and the Northern Territory (1.3%). Western Australia (-1.0%), the Australian Capital Territory (-2.5%) and South Australia (-0.3%) fell in volume terms in the March quarter 2014.