Retail conditions remain difficult, with traditional retail sales growing only 0.1% and online retail sales suffering a contraction of 0.5% in January 2019 (the second consecutive contraction). Consumer confidence remains volatile with a 4.8% decline in March 2019 to the lowest reported level in the past 18 months.
Retail sales
1 month
3 months
12 months
3 months
12 months
0.1%
0.2%
2.7%
0.2%
2.7%
Source: Australian Bureau of Statistics
Online retail sales
1 month
3 months
12 months
3 months
12 months
(0.5%)
0.4%
9.1%
0.4%
9.1%
Source: NAB Online Retail Sales Index
Consumer confidence
1 month
3 months
12 months
3 months
12 months
(4.8%)
(5.4%)
(4.1%)
(5.4%)
(4.1%)
