, Australia

Australia retail sales rise 0.2% MoM in June

It is the smallest increase so far in 2022.

Australian retail sales increased by 0.2% in June compared to the previous month, with seasonally adjusted sales reaching about $24b (A$34.3b), according to data by the Australian Bureau of Statistics (ABS).

ABS Retail Statistics Head Ben Dorber said the increase in June was the sixth-straight jump in retail sales and is the smallest so far this year.

“Results were mixed across the six industries, with turnover rising in three of them and falling in the others, as cost-of-living pressures appear to be slowing the growth in spending,” Dorber said in a statement.

Compared to June 2021, retail sales increased by 12%.

READ MORE: Grocery sales to grow 4% in next 4 years: report

The highest increase was recorded in cafes, restaurants, and takeaway food services up by 2.7%, followed by clothing, footwear, and personal accessory retailing, and other retailing which rose by 1.3% and 0.5%, respectively.

On the other hand, department stores logged the highest decline by 3.7%, followed by food retailing, and household goods retailing which were both down by 0.3%

Retail sales increased in the Northern Territory (1.8%), Queensland (0.7%), the Australian Capital Territory (0.6%), Western Australia (0.5%) and Tasmania (0.5%), except for New South Wales which declined by 0.2%.

Sales in South Australia and Victoria were relatively unchanged, according to ABS.

$1 = A$1.43

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Brands told to come clean about beauty care
Consumers are more discerning and can easily spot fake ingredient claims.
Swarovski cracks TikTok to scale luxury amongst Gen Zs
The Austrian glassmaker is working with influencers to connect with the Singaporean market.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Decathlon gets closer to hybrid Singaporean shoppers through pick-up service
The world’s largest sporting goods retailer lets clients pick up online orders on the go.Decathlon is building on the success of its pick-up service in Singapore as it progresses toward its target of having 37 locations in the city-state in the next two years, its top official said.