|Unit||Mil. AUD, SA|
|Consumer Confidence||Sep 2022||84.45||81.24||Index, SA||Monthly|
|Retail Sales||Aug 2022||34,881||34,669||Mil. AUD, SA||Monthly|
|Personal Income||2021 Q2||16,788||16,486||Mil. Ch. Jul18-Jun19 AUD, SA||Quarterly|
|Real Retail Sales||2021 Q2||87,049||86,391||Mil. Ch. FY 2019 AUD, SA||Quarterly|
For Australia, estimates of the value of turnover of "retail trade" for businesses classified by industry, and by state and territory. Trend, seasonally adjusted and original estimates are included for industry groups and states and Australia in current-price terms.
Estimates of turnover are compiled from the monthly Retail Business Survey. About 500 'large' businesses are included in the survey every month, while a sample of about 2,700 'smaller' businesses is selected. The Survey is conducted monthly primarily by telephone interview although a small number of questionnaires are mailed to businesses.
The reference year is advanced each September issue and is currently 2018-19. Each year's data in the Retail chain volume series are based on the prices of the previous year, except for the quarters of the 2019-20 financial year which will initially be based upon price data for the 2017-18 financial year.
The trend estimates are sometimes suspended in response to unusual influences, such as the Federal Government Economic Security Strategy Package (2008) and the COVID-19 pandemic (2020). In the notes to each monthly release, the source wrote:
The trend series attempts to measure underlying behaviour in retail activity. In the short term, this measurement will be significantly affected by changes to regular patterns in retail spending that will occur during the Coronavirus pandemic. If the trend estimates in this publication were to be calculated without fully accounting for irregular events, they would likely provide a misleading view of underlying retail activity.
The retail trend series was therefore suspended from February 2020, and now published only to June 2019. The trend series will be reinstated when more certainty emerges in the underlying trend in retail.
Data are seasonally adjusted and subject to adjustments. The currency reference year is advanced annually.