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Australian retail sales rebound

Dec 6, 2017 / Australia
Australian retail sales rebound
Australian retail turnover rose by 0.5% in October 2017 according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. Footwear category was one of the major contributors
According to ABS, retail sales rose by 0.5% in seasonally adjusted terms, surpassing expectations for an increase of 0.3%. This follows a 0.1% rise in September 2017.

"In seasonally adjusted terms, there were rises across all industries led by cafes, restaurants and takeaway food services (1.7%)", commented Ben James, the Director of the Quarterly Economy Wide Survey.

Rises were also registered in categories such as food retailing (0.3%), department stores (0.5%) and household goods retailing (0.1%), with a special highlight to a 1% growth for clothing, footwear and personal accessory retailing.

Like the performance by category, sales also increased in every Australian state and territory, suggesting a consistent recovery in October.

Related Organizations

  • NFRA - National Footwear Retailers' Association

    NFRA - National Footwear Retailers' Association

    Australia
  • AALI - Australian Association of Leather Industries

    AALI - Australian Association of Leather Industries

    Australia
  • TFIA - Council of Textile & Fashion Industries of Australia

    TFIA - Council of Textile & Fashion Industries of Australia

    Australia
  • FMAA - Footwear Manufacturers' Association of Australia

    FMAA - Footwear Manufacturers' Association of Australia

    Australia