Retail sales turnover only grew by 0.1% in July this year, according to figures released this morning by the ABS.
Here’s the headline figures:
- The largest contributor to the rise in July 2013 was household goods retailing (1.8%)
- this was followed by food retailing (0.5%), clothing, footwear and personal accessory retailing (1.4%) and cafes, restaurants and takeaway food services (0.1%)
- NSW was the largest contributor (1.6%)
From the ABS:
Through the year, Australian retail turnover rose 1.9 per cent in July 2013, seasonally adjusted, compared to July 2012.
The trend estimate for Australian retail turnover fell 0.1 per cent in July 2013. This follows a relatively unchanged June 2013 (0.0 per cent). Through the year, the trend estimate rose 1.6 per cent in July 2013 compared to July 2012.