Retail Trade is a key and timely indicator measuring changes in the Australian economy. The series, which includes selected hospitality and service industries, accounts for approximately 40 per cent of final household consumption expenditure in the National Accounts. The Retail Trade publication presents monthly estimates of business turnover in the retail and selected hospitality and services industries classified by industry and state/territory.
Retailers, industry associations, economists, governments and media use these statistics to analyse current consumer spending behaviour and, in conjunction with other economic indicators, to help assess current Australian economic performance.
