, Australia

Australia’s retail sales up 1.4% in Q2

This is the third consecutive growth since Q4 2021.

Retail sales volume in Australia grew by 1.4% in the quarter ending in June, reaching a new record level, the Australian Bureau of Statistics (ABS). 

This is also the third consecutive quarter that retail sales showed an increase, since climbing by 7.7% in the last quarter of 2021. In the March quarter, retail sales volume rose by 1%. 

“Sales volumes continued to rise into the June quarter, despite the largest rises in retail prices since the introduction of the GST in 2000, with price rises of 1.7% in June and 1.8% in March,” Ben Dorber, head of retail statistics, said.

Read more: Grocery sales to grow 4% in next 4 years: report

Dorber attributed the June quarter growth to the sales volume from cafes, restaurants, and takeaway foods services, which went up by 8.6% during the quarter. 

Aside from food services, rong growth of 3.9% was also recorded in clothing, footwear, and personal accessory retailing and 3% in department stores. 

“The top three retail industries in the June quarter were all hit hard during lockdowns. Since the end of the Delta lockdowns, they have all continued to recover quickly, as they have returned to more usual trading conditions,” Dorber said. 

 

Follow the links 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!

Top News

Tmall rolls out coupons for green home appliances
The company has partnered with brands to trade in their old products.
E-commerce
Roger Vivier unveils flagship store on JD platform
The French luxury brand offered special products to celebrate Chinese Valentine’s Day.
E-commerce