Retail Sales (QoQ)

The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers based on a sampling of retail stores of different types and sizes and it is considered an indicator of the pace of the Australian economy. The quarterly release shows the performance of the retail sector over the mid-term. Positive economic growth anticipates bullish trends for the AUD, while a low reading is seen as negative or bearish.

Most recent - Thursday 31 October 2024 00:30

Previous
-0.3%
Revised
-
Forecast
-
Actual
0.5%

Trading range

Forecast history

The most recent announced value for Retail Sales (QoQ) was 0.5%.

Past events

Date
Forecast
Actual
Thursday 31 October 2024 00:30
-
0.5%
Wednesday 31 July 2024 01:30
-
-0.3%
Tuesday 7 May 2024 01:30
-
-0.4%
Tuesday 6 February 2024 00:30
-
0.3%
Friday 3 November 2023 00:30
-
0.2%
Thursday 3 August 2023 01:30
-
-0.5%
Tuesday 9 May 2023 01:30
-0.4%
-0.6%
Monday 6 February 2023 00:30
-0.6%
-0.2%
Friday 4 November 2022 00:30
0.4%
0.2%
Wednesday 3 August 2022 01:30
-
1.4%
Tuesday 10 May 2022 01:30
-
1.2%
Monday 7 February 2022 00:30
-
8.2%

Economic context

Recent economic data has been strongly bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (QoQ) result:

PreviousLatest
Employment Change s.a.Bearish change61.3K15.9K
Full-Time EmploymentBearish change48.8K9.7K
Participation RateBearish change67.2%67.1%
Part-Time EmploymentBearish change12.5K6.2K
Unemployment Rate s.a.(no change)4.1%4.1%
Consumer Inflation ExpectationsBearish change4%3.8%
Wage Price Index (QoQ)(no change)0.8%0.8%
Westpac Consumer ConfidenceBearish change6.2%5.3%
Exports (MoM)Bearish change-0.6%-4.3%
Imports (MoM)Bearish change-0.2%-3.1%
Trade Balance (MoM)Bearish change5284M4609M
AiG Industry IndexBearish change-18.6-28.8

About Retail Sales (QoQ)

Country:Australia
Currency:AUD
Source:Australian Bureau of Statistics
Category:Consumption
Frequency:Quarterly
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