, Australia
Source: Pixabay (Pexels)

Retail turnover in Australia inches up in September

It went up by 0.6%, the Australian Bureau of Statistics reported. 

Retail turnover in Australia went up by 0.6% in September, the Australian Bureau of Statistics (ABS) reported. 

This is the ninth consecutive month the market saw an increase, following a 0.6 % increase in August and 1.3% in July. 

“This month’s rise was again driven by the combined strength in the food industries. Food retailing rose 1%, while cafes, restaurants, and takeaway food services rose 1.3%,” Ben Dorber, ABS head of retail statistics, said.

“Many retailers remained open for the National Day of Mourning, an additional one-off public holiday in September, and this boosted spending on food, alcohol and dining out.”

Read more: Australia’s retail sales inch up in August

Clothing, footwear and personal accessory retailing saw the highest rise in percentage, up 2% following a large fall of 2.% in August 2022. Other retailing also rose, up 0.2%.

Meanwhile, household goods retailing fell 0.8%, a slight decrease after last month’s large rise of 2.6%. 

The fall in September was softened by the release of new mobile phone models and is the fourth monthly fall in household goods retailing in the last six months. Department stores also fell, down 0.4%.

 

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!

Top News

Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Ingka Group unveils strengthened climate targets
It focuses on reducing GHG emissions, carbon removal and storage, and contributions beyond the value chain.
How can retailers improve customer value and operations
Businesses must adopt a unified commerce strategy to meet consumer demand for seamless transactions driven by technology.

Exclusives

AI prompts fearless dive into corporate reinvention
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Indonesia’s future of retail lies in a blended approach
Industry leaders discuss the innovative strategies to meet evolving consumer needs at Retail Asia Forum 2024