Australian Bureau of Statistics announced the Australia's seasonally adjusted retail sales month-on-month for May on 2025-07-02. The reported figure stands at 0.2%, against a forecast of 0.4%, with the prior figure recorded as -0.10%.
Regarding the Australia's seasonally adjusted retail sales month-on-month for May, If the published value > expected value, it is positive for the Australian dollar; it is the primary measure of consumer spending, which is the main component of overall economic activity. The service sector accounts for more than 70% of the Australian economy, so this data is very helpful in assessing the direction of the Australian economy, Retail Sale is a statistical summary of the amount of retail sales, which includes the total value of goods sold by all major stores engaged in retail business in cash or credit form, excluding the service industry.
This data holds an importance level of , calculated using The total value change of sales in the retail industry, announced monthly rate data, and updates Every month. The next release is set for 2025-07-31 09:30:00.
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