Marginal rise in Tasmania's retail trade

Tasmania recorded a marginal increase in retail spending in May in trend terms, according to figures released this morning.

According to the Australian Bureau of Statistics, retail trade in Tasmania increased 0.1 per cent. Nationally the figure was unchanged.

The following states and territories rose in trend terms in May: New South Wales (0.3%), the Northern Territory (0.3%) and Tasmania (0.1%). Victoria (0.0%) and Queensland (0.0%) were relatively unchanged. Western Australia (-0.4%), the Australian Capital Territory (-0.6%) and South Australia (-0.1%) fell in trend terms in May.

In seasonally adjusted terms the state which made the largest contribution to the fall was Victoria (-1.1 per cent), followed by New South Wales (-0.5 per cent), Western Australia (-0.3 per cent), Queensland (-0.1 per cent), the Australian Capital Territory (-0.3 per cent) and Tasmania (-0.2 per cent). These falls were partially offset by rises in South Australia (0.2 per cent) and the Northern Territory (0.4 per cent).

The largest contributor to the fall was clothing, footwear and personal accessory retailing (-2.3 per cent), followed by department stores (-2.6 per cent), household goods retailing (-0.9 per cent) and other retailing (-0.4 per cent). These falls were partially offset by rises in food retailing (0.1 per cent) and cafes, restaurants and takeaway food services (0.1 per cent).


Discuss "Marginal rise in Tasmania's retail trade"

Please note: All comments made or shown here are bound by the Online Discussion Terms & Conditions.