Retail Trade – Australia

Measure of the total sales of goods and services by retail stores in Australia. Retail Sales is an important measure of consumer spending and inflationary pressures in Australia. Steady increases in retail sales apply significant inflationary pressures to consumer prices. With Retail Trade being the foremost indicator for consumer spending, this figure is extremely important in understanding Australia’s economy.

The headline number percentage change in Retail Sales from that of the previous month.

Relevance : Tends to move markets on release
Release schedule : 22:45 (GMT); monthly, roughly 30 days following the end of the reporting month
Source of report : Australian Bureau of Statistics
Web Address : http://www.abs.gov.au/
Address of release : http://www.abs.gov.au/ausstats/[email protected]/mf/8501.0
AKA : Retail Sales

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