Australia Retail Sales Fall 1.1% On Month In September 2020

  • November 04, 2020 06:46 PM AEDT
  • Team Kalkine
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The Australian Bureau of Statistics released retail turnover figures on 4 November 2020. The total value of retail sales in the country was down by 1.1.% as compared to August 2020.

The national retail figures have fallen but the consumption of food and essential goods still hovers positively above 2019 levels.

Household goods retailing fell 3.6% in September, in seasonally adjusted terms. Clothing, footwear and personal accessory retailing fell 1.1.%. Department stores rose 1% while other retailing fell 0.7% in the month of September.

In addition to this, cafes, restaurants and takeaway food services grew 3.5%.

As per the statistical data provided by ABS, there has been a marked difference in the through-the-year performance of large and small businesses during the COVID-19 period.

Large businesses have recorded growth rate of 10.9% in every month since the start of the pandemic in March 2020. On the other hand, small businesses registered an average through-the-year fall in sales of 6.7% since March 2020.

Online sales had a boost during the pandemic and made up 10.6% of the total sales in September 2020.

 


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