Economic Indicators

Retail Trade

Domestic developments in retail trade across industry groups and states.

This page contains publications on both monthly and quarterly retail trade numbers. The monthly notes discuss developments in the value of sales across industry groups and states, while the quarterly notes contain additional information about real (price-adjusted) retail trade, as well as retail prices.

  • 28 Mar 2023 Retail Trade February 2023

    Retail sales ticked up by 0.2% in February, in line with the market expectations, taking the annual growth rate down to 6.4%, which is the lowest level since December 2021. Western Australia saw the strongest gains of 0.8% MoM and 8.8% YoY. The monthly retail sales figures are nominal, which means they reflect both changes in prices and volumes.

  • 28 Feb 2023 Retail Trade January 2023

    Seasonally adjusted retail sales jumped 1.9% in January (mkt exp 1.2%), following a revised 4.0% drop in December (originally -3.9%). The rebound in January maintained the increase in monthly sales volatility that began with a Black Friday sales-related increase of 1.7% in November. The annual growth rate edged up 0.1ppts to 7.5%.

  • 06 Feb 2023 Retail Trade - Q4 2022

    Retail sales volumes ebbed a seasonally adjusted 0.2% in Q4, less than the 0.5% fall expected by the markets. The implicit retail sales deflator rose by 1.1%, which was significantly less than the 2.1% registered in the previous two quarters.

  • 31 Jan 2023 Retail Trade - December 2022

    Seasonally adjusted retail sales dropped by 3.9% in December, which was much more than the 0.3% decline expected by the markets. This followed the upwardly revised 1.7% increase in the previous month, driven by Black Friday sales.

  • 11 Jan 2023 Retail Trade - November 2022

    Seasonally adjusted retail sales jumped 1.4% in November 2022.

  • 28 Nov 2022 Retail Trade - October 2022

    Seasonally adjusted retail sales declined 0.2% in October, against market expectations of a 0.5% increase. Despite the flat result in October, Western Australia continued to lead other states in terms of retail sales performance throughout the pandemic, with a 33.6% gain since January 2020.

  • 04 Nov 2022 Retail Trade - Q3 2022

    Retail sales volumes rose a seasonally adjusted 0.2% in Q3, less than the 0.4% expected by the market participants and down from 1.0% in the previous two quarters. The Q3 increase in sales volumes came despite another strong 2.0% increase in retail sales prices, which was slightly slower than the previous quarter’s upwardly revised growth (2.1%).

  • 31 Oct 2022 Retail Trade - September 2022

    Seasonally adjusted retail sales rose by another 0.6% in September in nominal terms, in line with market expectations. Western Australia saw the strongest increase (+1.4%) and continues to lead other states in terms of retail trade performance during the pandemic, with a 33.6% gain since January 2020.

  • 28 Sep 2022 Retail Trade - August 2022

    Seasonally adjusted retail sales rose by 0.6% in August in nominal terms, roughly in line with market expectations of a 0.5% gain. Nominal retail sales were up 19.2% through the year.

  • 29 Aug 2022 Retail Trade - July 2022

    Seasonally adjusted retail sales rose by 1.3% in July in nominal terms, exceeding market expectations of a 0.2% gain. Retail trade turnover increased in all industries but household goods. Western Australian retail sales rose by a solid 1.6% to be up 32.0% since January 2020, which is the largest gain of all states.

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