Free Trial

Australia Retail Trade -2.7% M/M in Dec

AUSTRALIA DATA
MNI (Singapore)

The December 2023 seasonally adjusted estimate:

  • Fell 2.7% month-on-month.
  • Rose 0.8% compared with December 2022.
  • In volume terms, the seasonally adjusted estimate rose 0.3% in the December quarter 2023.
  • Household goods retailing fell 8.5% (-$526.6m) in December.
  • Clothing, footwear and personal accessory retailing fell 5.7% (-$173.3m).
  • Department stores fell 8.1% (-$160.8m).
  • Other retailing fell 1.1% (-$58.7m).
  • Cafes, restaurants and takeaway food services fell 1.1% (-$60.2m).
  • Total online retailing sales were $3,921.0m in December 2023, in seasonally adjusted terms. Seasonally adjusted online sales rose 1.6 per cent ($61.8m), following a rise of 2.8 per cent ($106.5m) in November 2023. Seasonally adjusted through-the-year sales are up 2.8 per cent ($105.0m).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.