Australia's second quarter retail sales quarter-on-quarter

Australian Bureau of Statistics announced the Australia's second quarter retail sales quarter-on-quarter on 2025-07-31. against a forecast of 0.00%, with the prior figure recorded as 0.00%.

Regarding the Australia's second quarter retail sales quarter-on-quarter, A value greater than the expected value is favorable 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 refers to the statistical summary of the amount of retail sales, which includes the total value of goods sold by all major stores engaged in retail business, excluding the service industry, in cash or credit form.

This data holds an importance level of , calculated using The total value change in retail industry sales has been released with monthly rate data, and updates Every season.

This content is AI-generated.Please verify before use.

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