As per ABS, the retail trade rebounded 16.3% in May 2020 in seasonally adjusted terms, recording greatest monthly increase in 38 years following greatest monthly fall of 17.7% in April 2020.
- Retail sales rose by 5.3% compared to May 2019
- Large rise for clothing, footwear, personal accessories and food establishments as restrictions lifted in May 2020
- Expenditure on household goods also rose owing to increase in spending on furniture, home entertainment and home offices.
- Food retailing rose due to more consumption of food and beverages at home while liquors retail levels stayed high as restrictions for hospitality remained in place for May 2020.