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Retail Sales s.a. (MoM)

The primary gauge of Australia’s consumer spending, the Retail Sales, is released by the Australian Bureau of Statistics (ABS) about 35 days after the month ends. It accounts for approximately 80% of total retail turnover in the country and, therefore, has a significant bearing on inflation and GDP. This leading indicator has a direct correlation with inflation and the growth prospects, impacting the Reserve Bank of Australia’s (RBA) interest rates decision and AUD valuation. The stats bureau uses the forward factor method, ensuring that the seasonal factors are not distorted by COVID-19 impacts.

Most recent - Monday 3 February 2025 00:30

Previous
0.7%
Revised
0.7%
Forecast
-0.7%
Actual
-0.1%

Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.

Next event - Tuesday 4 March 2025 00:30

Previous
-0.1%
Forecast
-
Actual
-

The typical/expected impact on AUD pairs is high.

There is no forecast value for Retail Sales s.a. (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Retail Sales s.a. (MoM) was -0.1% against a forecast of -0.7%.

Past events

Date
Forecast
Actual
Monday 3 February 2025 00:30
-0.7%
-0.1%
Thursday 9 January 2025 00:30
1%
0.8%
Monday 2 December 2024 00:30
0.3%
0.6%
Thursday 31 October 2024 00:30
0.3%
0.1%
Tuesday 1 October 2024 01:30
0.4%
0.7%
Friday 30 August 2024 01:30
0.3%
0%
Wednesday 31 July 2024 01:30
0.2%
0.5%
Wednesday 3 July 2024 01:30
0.2%
0.6%
Tuesday 28 May 2024 01:30
0.2%
0.1%
Tuesday 30 April 2024 01:30
0.2%
-0.4%
Thursday 28 March 2024 00:30
0.4%
0.3%
Thursday 29 February 2024 00:30
1.5%
1.1%
Tuesday 30 January 2024 00:30
-0.9%
-2.7%
Tuesday 9 January 2024 00:30
1.2%
2%
Tuesday 28 November 2023 00:30
0.1%
-0.2%
Monday 30 October 2023 00:30
0.3%
0.9%
Thursday 28 September 2023 01:30
0.3%
0.2%
Monday 28 August 2023 01:30
0.3%
0.5%
Friday 28 July 2023 01:30
0%
-0.8%
Thursday 29 June 2023 01:30
0.1%
0.7%
Friday 26 May 2023 01:30
0.2%
0%
Wednesday 3 May 2023 01:30
0.2%
0.4%
Tuesday 28 March 2023 00:30
0.4%
0.2%
Tuesday 28 February 2023 00:30
1.5%
1.9%
Tuesday 31 January 2023 00:30
-0.3%
-3.9%
Wednesday 11 January 2023 00:30
0.6%
1.4%
Monday 28 November 2022 00:30
0.4%
-0.2%
Monday 31 October 2022 00:30
0.6%
0.6%
Wednesday 28 September 2022 01:30
0.4%
0.6%
Monday 29 August 2022 01:30
0.3%
1.3%
Thursday 28 July 2022 01:30
0.5%
0.2%
Wednesday 29 June 2022 01:30
0.4%
0.9%
Friday 27 May 2022 01:30
0.9%
0.9%
Wednesday 4 May 2022 01:30
0.6%
1.6%
Tuesday 29 March 2022 00:30
1%
1.8%

Economic context

Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Retail Sales s.a. (MoM) result:

PreviousLatest
Private Capital ExpenditureBearish change1.6%-0.2%
Judo Bank Composite PMIBullish change51.151.2
Judo Bank Manufacturing PMIBullish change50.250.6
Judo Bank Services PMIBullish change51.251.4
Employment Change s.a.Bearish change60K44K
Full-Time EmploymentBullish change-23.7K54.1K
Participation RateBullish change67.2%67.3%
Part-Time EmploymentBearish change83.7K-10.1K
Unemployment Rate s.a.Bearish change4%4.1%
Wage Price Index (QoQ)Bearish change0.9%0.7%
RBA Interest Rate DecisionBearish change4.35%4.1%

About Retail Sales s.a. (MoM)

Country:Australia
Currency:AUD
Source:Australian Bureau of Statistics
Category:Consumption
Frequency:Monthly
 
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