ABS Update: Retail turnover rises in May

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New data released from the ABS has found that Australian retail turnover increased 0.1% in May 2019. This figure previously fell 0.1% in April 2019.

This rise is demonstrated across the industry, and was recorded in:

  • Cafes, restaurants and takeaway food services by 0.7%
  • Household goods retailing by 0.5%
  • Other retailing by 0.5%

These increases were offset by falls recorded in:

  • Food retailing by -0.3%
  • Department stores by -0.4%
  • Clothing, footwear and personal accessory retailing by -0.2%

Online retail turnover contributed 6.2% to total retail turnover in original terms in May 2019. This figure has increased from 5.7% in April 2019. It has also increased since last year, as online retail turnover contributed only 5.6% to total retail in May 2018.

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