
Australia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 1.08 percent as of Q4 2024, an increase compared to the previous value of 0.2 percent. Historically, the average for Australia from Q3 1984 to Q4 2024 is 3.39 percent. The minimum of -2.2 percent was recorded in Q2 2020, while the maximum of 9.89 percent was reached in Q3 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Australian Bureau of Statistics
Recent values | Australia: Retail sales Y-on-Y |
---|---|
2024  Q4 | 1.08 |
2024  Q3 | 0.2 |
2024  Q2 | -0.34 |
2024  Q1 | -1.08 |
2023  Q4 | -0.81 |
2023  Q3 | -1.54 |
2023  Q2 | -1.38 |
2023  Q1 | 0.35 |
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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.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Industrial production | 0.10 | Q3/2024 | percent |
Retail sales Y-on-Y | 1.08 | Q4/2024 | percent |
House price index | 194.34 | Q3/2024 | index points |
Real residential property prices Y-on-Y change | 4.24 | Q3/2024 | percent |
Business confidence survey | -2.00 | 12/2024 | points |
Consumer confidence survey | -7.90 | 1/2025 | points |