Retail sales up 0.3%
December 3, 2009
According to the Australian Bureau of Statistics retail trade rose a seasonally adjusted 0.3% in October to $19.75 billion. The increase was in line with forecasts after a 0.2% decrease in September.
The seasonally adjusted estimate increased 0.5% in August.
Meanwhile, in original terms Australian turnover increased 6.6% in October 2009 and 6% compared with October 2008.
Department Stores led the sales growth statistics, increasing 1.9%, while sales in Cafes, Restaurants & Takeaway Food Services and Household Goods Retailing rose 1.1% and 0.1%.
Sales in Clothing, Footwear & Other Personal Accessory Retailing and Food Retailing weakened 0.2% and 0.1%.
Looking at the states, the Northern territory witnessed the largest increase in sales, up 1.8%, while Tasmania wasn’t too far behind with a 1.5% rise. The largest fall was seen in Victoria, with sales down 0.9%.
The seasonally adjusted estimate increased 0.5% in August.
Meanwhile, in original terms Australian turnover increased 6.6% in October 2009 and 6% compared with October 2008.
Department Stores led the sales growth statistics, increasing 1.9%, while sales in Cafes, Restaurants & Takeaway Food Services and Household Goods Retailing rose 1.1% and 0.1%.
Sales in Clothing, Footwear & Other Personal Accessory Retailing and Food Retailing weakened 0.2% and 0.1%.
Looking at the states, the Northern territory witnessed the largest increase in sales, up 1.8%, while Tasmania wasn’t too far behind with a 1.5% rise. The largest fall was seen in Victoria, with sales down 0.9%.
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