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Retail trade up 0.2% in December: ABS

Australian retailers saw a small uptick in sales during December, with a 0.2 percent increase in retail trade recorded by the Australian Bureau of Statistics for the month.

The latest ABS Retail Trade figures show that Australian retail turnover rose 0.2 percent in December 2010, seasonally adjusted, following a rise of 0.4 percent the previous month.

Household goods retailing (1.5%), Clothing, footwear and personal accessory retailing (2.7%) and Cafes, restaurants and takeaway food services (0.8%) recorded the largest rises in December 2010. Turnover fell in Food retailing (-0.5%), Other retailing (-0.8%) and Department stores (-1.2%).

Turnover rose in Victoria (0.5%), New South Wales (0.4%), Queensland (0.3%) and the Northern Territory (0.2%). Turnover fell in South Australia (-1.3%), Tasmania (-1.3%), Western Australia (-0.2%) and the Australian Capital Territory (-0.5%).

Trend turnover fell 0.1% in December 2010. This follows relatively flat results in November 2010 (0.0%) and October 2010 (0.0%). Trend turnover rose 1.9% in December 2010 compared with December 2009.

Turnover volume fell 0.3%, seasonally adjusted, in the December quarter 2010.

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David Olsen

David Olsen

An undercover economist and a not so undercover geek. Politics, business and psychology nerd and anti-bandwagon jumper. Can be found on Twitter: <a href="http://www.twitter.com/DDsD">David Olsen - DDsD</a>

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