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Australia Oct Retail Sales Up; +4.9% M/M

AUSTRALIA DATA
MNI (Singapore)
  • Australia retail trade rose 4.9% month-on-month in October in seasonally adjusted estimate, faster than last 1.3% m/m growth.
  • Retail trade rose 5.2% compared with October 2020, accelerating from the previous 1.7% y/y gain.
  • Food retailing fell 0.5% (-$64.0m) in October
  • Household goods retailing rose 4.5% ($247.2m) in October.
  • Clothing, footwear and personal accessory retailing rose 27.7% ($481.7m) in October.
  • Department stores rose 22.4% ($277.8m) in October.
  • Other retailing rose 2.2% ($106.6m) in October.
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