The clothing, footwear and personal accessories retail category was relatively unchanged (0.0%) in May, according to new figures from the Australian Bureau of Statistics (ABS).
However, by industry subgroup, ABS reports that retail clothing sales fell 0.4% (- $ 7.3 million) in May, while retail sales of footwear and other personal accessories fell 0.4% (- $ 7.3 million) in May, while retail sales of footwear and other personal accessories fell 0.4% (- $ 7.3 million) in May. rose 0.8% ($ 6.6 million) in the month.
Meanwhile, department stores fell 0.7% (- $ 11.3 million) in May.
Overall, the ABS reports that retail turnover rose 0.4% in monthly terms in May, updating the 0.1% increase in the preliminary retail release .
Compared with May 2020, the turnover of the retail trade increased by 7.7% in May 2021.
National Retail Association (NRA) CEO Dominique Lamb said while the numbers are encouraging, recent lockdowns are expected to have a significant impact on future retail results.
“May’s results are very good for the retail sector, with a big increase from April’s results, which is also promising considering that the month is generally calm for the sector.
“This shows that when the economy is relatively open, business is good, but as the recent wave of state lockdowns has shown, there is still some uncertainty.
“Retailers understand the need to ensure public safety, but even short periods of lockdown can have a huge effect on the economy.
“Although the ABS figures for May are very good, we will probably see less promising results in June and July,” she said.