02/08/2019 - 13:11

Signs of WA retail revival

02/08/2019 - 13:11

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A rebound in the local retail sector may be on the horizon, after Western Australia recorded the second largest rise in retail spending among states and territories, according the latest Australian Bureau of Statistics data.

Retail turnover in WA rose 0.8 percentage points in seasonally adjusted terms.

A rebound in the local retail sector may be on the horizon, after Western Australia recorded the second largest rise in retail spending among states and territories, according the latest Australian Bureau of Statistics data.

Retail turnover in WA rose 0.8 percentage points in seasonally adjusted terms for the month of June, the sharpest increase bar Tasmania, which recorded a 1.5 percentage point spike.

The national increase was 0.4 percentage points, with the Northern Territory the only state or territory to experience a decrease.

Online retail turnover contributed 6.1 per cent to total national retail turnover in original terms in June 2019.

In June 2018, online retail turnover contributed 5.7 per cent to total retail.

ABS quarterly economy wide surveys director Ben James said the overall the retail environment in Australia remained subdued, despite rises in five of the six industries.

"Rises were seen in clothing, footwear and personal accessory retailing (2 per cent), other retailing (0.6 per cent), cafes, restaurants and takeaway services (0.5 per cent), food retailing (0.1 per cent) and household goods retailing (0.2 per cent),” he said.

“Department stores (-0.6 per cent) was the only industry to fall this month."

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