7 Apr 2015
Australian retail sales beats expectations in February
FXStreet (Bali) - Australia's retail sales s.a. (MoM) came above forecasts of 0.4%, with February's actual at 0.7%, and last month's data revised up from 0.4% to 0.5%.
Feb key figures - ABS
The trend estimate rose 0.3% in February 2015. This follows a rise of 0.3% in January 2015 and a rise of 0.3% in December 2014. The seasonally adjusted estimate rose 0.7% in February 2015. This follows a rise of 0.5% in January 2015 and a rise of 0.1% in December 2014. In trend terms, Australian turnover rose 4.0% in February 2015 compared with February 2014.
The following industries rose in trend terms in February 2015: Household goods retailing (0.6%), Food retailing (0.2%), Cafes, restaurants and takeaway food services (0.5%), Clothing, footwear and personal accessory retailing (0.6%), Other retailing (0.1%) and Department stores (0.1%).
The following states and territories rose in trend terms in February 2015: Queensland (0.6%), New South Wales (0.2%), Victoria (0.3%), Western Australia (0.3%), South Australia (0.3%), Tasmania (0.4%) and the Australian Capital Territory (0.1%). The Northern Territory (0.0%) was relatively unchanged in trend terms in February 2015.
Feb key figures - ABS
The trend estimate rose 0.3% in February 2015. This follows a rise of 0.3% in January 2015 and a rise of 0.3% in December 2014. The seasonally adjusted estimate rose 0.7% in February 2015. This follows a rise of 0.5% in January 2015 and a rise of 0.1% in December 2014. In trend terms, Australian turnover rose 4.0% in February 2015 compared with February 2014.
The following industries rose in trend terms in February 2015: Household goods retailing (0.6%), Food retailing (0.2%), Cafes, restaurants and takeaway food services (0.5%), Clothing, footwear and personal accessory retailing (0.6%), Other retailing (0.1%) and Department stores (0.1%).
The following states and territories rose in trend terms in February 2015: Queensland (0.6%), New South Wales (0.2%), Victoria (0.3%), Western Australia (0.3%), South Australia (0.3%), Tasmania (0.4%) and the Australian Capital Territory (0.1%). The Northern Territory (0.0%) was relatively unchanged in trend terms in February 2015.