November 7, 2012

Australia retail sales up 0.5% in September 2012: ABS

Australian retail sales were up 0.5% in September 2012 up from the 0.3% increase recorded in August, said the data released by Australian Bureau of Statistics (ABS).

By admin-demo

Australian retail sales were up 0.5% in September 2012 up from the 0.3% increase recorded in August, said the data released by Australian Bureau of Statistics (ABS).

The seasonally adjusted retail sales grew 0.5% in September, compared to 0.3% in August 2012.

The largest contributor to the rise was food retailing, which increased 0.6% with sales in household goods growing 1.2%.

Remaining sectors rose 0.8% with the increases partially offset by falls in clothing, footwear and personal accessory retailing (-0.6%) and department stores (-0.5%).

In terms of trends, retail sales were up 0.2% in September 2012, following a 0.3% gain in both August 2012 and in July 2012.

In volume terms, retail turnover fell 0.1% in the September quarter 2012, seasonally adjusted, following a rise of 1.2% in the June quarter 2012.

During the period, clothing, footwear, and personal accessory retailing declined 0.6% while department store sales dropped 0.5%.

The agrency noted that the turnover rose in all states and territories in September 2012.

The largest contributor to the rise in geographical terms was New South Wales (0.5%), followed by Western Australia (1.2%), Queensland (0.5%), Victoria (0.3%), South Australia (0.8%), the Australian Capital Territory (0.7%), Tasmania (0.2%) and the Northern Territory (0.2%).