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Retail Trade, Australia

APRIL KEY FIGURES

April 2020

March 2020 to April 2020

$m

% change


Turnover at current prices
Trend

na

na

Seasonally Adjusted

24 791.4

-17.7


na not available
Monthly Turnover, Current Prices - seasonally adjusted, percentage change

Monthly Turnover, Current Prices - seasonally adjusted, percentage change


APRIL KEY POINTS

CURRENT PRICES

  • Due to the impacts of COVID-19 on retail trade the trend series has been suspended from February 2020.
  • The seasonally adjusted estimate fell 17.7% in April 2020. This follows a rise of 8.5% in March, and a rise of 0.6% in February 2020.
  • The following industries fell in seasonally adjusted terms in April 2020: Food retailing (-17.4%), Cafes, restaurants and takeaway food services (-35.4%), Clothing, footwear and personal accessory retailing (-53.6%), Other retailing (-14.4%), Department stores (-14.9%), and Household goods retailing (-0.1%).
  • The following states and territories fell in seasonally adjusted terms in April 2020: Victoria (-21.1%), New South Wales (-17.5%), Queensland (-15.7%), Western Australia (-16.8%), South Australia (-14.6%), Tasmania (-17.5%), the Australian Capital Territory (-14.9%), and the Northern Territory (-7.7%).

NOTES

FORTHCOMING ISSUES

May 2020 3 July 2020
June 2020 4 August 2020
July 2020 4 September 2020
August 2020 2 October 2020
September 2020 4 November 2020
October 2020 4 December 2020

CHANGES IN THIS ISSUE

There are no revisions to the original estimates.

This issue includes updated online retail turnover estimates for the April 2020 reference month and updated consumer sales estimates for the March 2020 quarter. The estimates are provided and explained in the appendix section of this publication.

CORONAVIRUS (COVID-19) IN APRIL

The World Health Organisation (WHO) commenced daily situation reports of the coronavirus (COVID-19) outbreak on 21 January 2020 and identified it as an international health emergency on 30 January. From 1 February, the Australian Government placed travel restrictions on those travelling to Australia from mainland China. In March, regulations to encourage social distancing saw further impacts on the ability of businesses to trade as normal. This included restrictions on dining-in at restaurants, and restrictions on the number of people that could be in a shop at a particular time.

COVID-19 saw a minor impact on data collection activities for the April 2020 reference month. Individual retail businesses reported a number of impacts attributed to COVID-19. A significant number of retail businesses did not trade at all in April, while others closed their physical stores and maintained trade online.

SUSPENSION OF TREND SERIES

The trend series attempts to measure underlying behaviour in retail activity. In the short term, this measurement will be significantly affected by changes to regular patterns in retail spending that will occur during this time, as certain businesses are restricted from trading for example. If the trend estimates in this publication were to be calculated without fully accounting for this irregular event, they would likely provide a misleading view of underlying retail activity.

It may be some time before the underlying trend in retail activity can be accurately estimated. The retail trend series has therefore been suspended as at February 2020. The trend series will be reinstated when more certainty emerges in the underlying trend in retail.

UPDATE TO SEASONAL ADJUSTMENT METHODS

Retail Trade uses the concurrent seasonal adjustment method, meaning that seasonal factors are re-estimated each time a new data point becomes available. If not appropriately accounted for, unusual real-world events, such as COVID-19, can distort estimates calculated using this method. From March 2020, seasonal factors are being calculated using data up to and including February 2020, then projected from March 2020 onwards. This approach, known as the forward factor method, ensures that the seasonal factors are not distorted by COVID-19 impacts.

TIME SERIES DATA

  • Data available from the Downloads tab of this issue on the ABS website include longer time series of tables in this publication:
  • Monthly retail turnover by state and 15 industry subgroups in trend, seasonally adjusted and original terms
  • Monthly retail turnover completely enumerated and sample sectors, by six industry groups and also by state in original terms
  • Monthly retail turnover completely enumerated sector, total level in trend, seasonally adjusted and original terms
  • Quarterly retail chain volume measures by six industry groups and also by state in trend, seasonally adjusted and original terms
  • Quarterly retail turnover per capita in trend, seasonally adjusted and original terms
  • Quarterly sales to households by selected service industries in original terms
  • Quarterly measures of total retail turnover per capita.

INQUIRIES

Inquiries about these and related statistics, contact the National Information and Referral Service on 1300 135 070. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us.

Copyright

© absau

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