Tag: retail spending

Retail turnover subdued, up 0.1%

Australian retail turnover grew a modest 0.1% in April 2024, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). This followed a 0.4% decline in March 2024 and...

April retail sales record 4.2% year-on-year growth

Shoppers spent more than $35.2 billion across the country in April. Australian retail turnover was unchanged (0.0 per cent) in April 2023, according to figures released by the Australian Bureau of Statistics (ABS)....

Holiday spending drives 7.5% year-on-year retail sales growth

Australian retail turnover declined 3.9% in December 2022, according to figures released by the Australian Bureau of Statistics (ABS). This follows a 1.7% rise in November 2022. ABS Head of Retail Statistics Ben...

Aussies set to spend $20.5b in next 10 days

Australians are set to spend over $20.5 billion in the final 10 days before Christmas, according to the National Retail Association (NRA). NRA CEO Dominique Lamb says that retailers across the nation are...

NRA reveals festive forecast

The National Retail Association (NRA) anticipates that consumers will spend $60 billion nationwide throughout the festive season. This includes an online spend of over $8 billion. NRA CEO Dominique Lamb says a silver...

Pre-Christmas retail trade forecast to hit $58b

The Australian Retailers Association (ARA) and Roy Morgan are predicting this year’s pre-Christmas spending will broadly match last year’s high. It’s also expected to be “significantly above” 2019 pre-pandemic spending. The ARA-Roy Morgan...

April retail sales positive, but recovery uneven

Preliminary figures released last week by the Australian Bureau of Statistics (ABS) reveal that $31 billion was spent in stores and online in April. This was an increase of 1.1% compared to...

March figures show retail growth

The Australian Bureau of Statistics (ABS) has released the national retail spending figures for March, representing 3.6 per cent growth (year-on-year). Retail turnover rose 0.4 per cent in March compared with February. The...
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