Retail sales Y-on-Y in Australia, Q3 1984 - Q3 2021:
For that indicator, we provide data for Australia from Q3 1984 to Q3 2021. The average value for Australia during that period was 3.53 percent with a minimum of -2.22 percent in Q3 2021 and a maximum of 9.52 percent in Q1 2004.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
Source: Australian Bureau of Statistics
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.