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6 May 2015
Australian retail sales slightly below expectations in March
FXStreet (Bali) - Australian retail sales s.a. came at 0.3% in March vs 0.4% expected and 0.7% prior.
Key figures - March
Current prices
The trend estimate rose 0.3% in March 2015. This follows a rise of 0.4% in February 2015 and a rise of 0.4% in January 2015. The seasonally adjusted estimate rose 0.3% in March 2015. This follows a rise of 0.7% in February 2015 and a rise of 0.5% in January 2015.
In trend terms, Australian turnover rose 4.3% in March 2015 compared with March 2014. The following industries rose in trend terms in March 2015: Food retailing (0.2%), Household goods retailing (0.5%), Other retailing (0.5%), Clothing, footwear and personal accessory retailing (0.8%), Cafes, restaurants and takeaway food services (0.2%) and Department stores (0.1%).
The following states and territories rose in trend terms in March 2015: Queensland (0.6%), Victoria (0.3%), New South Wales (0.2%), Western Australia (0.2%), South Australia (0.4%) and Tasmania (0.6%). The Northern Territory (0.0%) was relatively unchanged. The Australian Capital Territory (-0.1%) fell in trend terms in March 2015.
Volume measures
In volume terms, the trend estimate for Australian turnover rose 0.7% in the March quarter 2015.
Key figures - March
Current prices
The trend estimate rose 0.3% in March 2015. This follows a rise of 0.4% in February 2015 and a rise of 0.4% in January 2015. The seasonally adjusted estimate rose 0.3% in March 2015. This follows a rise of 0.7% in February 2015 and a rise of 0.5% in January 2015.
In trend terms, Australian turnover rose 4.3% in March 2015 compared with March 2014. The following industries rose in trend terms in March 2015: Food retailing (0.2%), Household goods retailing (0.5%), Other retailing (0.5%), Clothing, footwear and personal accessory retailing (0.8%), Cafes, restaurants and takeaway food services (0.2%) and Department stores (0.1%).
The following states and territories rose in trend terms in March 2015: Queensland (0.6%), Victoria (0.3%), New South Wales (0.2%), Western Australia (0.2%), South Australia (0.4%) and Tasmania (0.6%). The Northern Territory (0.0%) was relatively unchanged. The Australian Capital Territory (-0.1%) fell in trend terms in March 2015.
Volume measures
In volume terms, the trend estimate for Australian turnover rose 0.7% in the March quarter 2015.