Retail Sales Report For August 2014
Retail sales in August 2014 increased 0.3 per cent above the $82.0 million recorded in August 2013, and after adjusting for the annual retail sales rate of inflation — measured at 1.8 per cent in August — the volume of retail sales decreased by 1.5 per cent
The latest report from the Department of Statistics said that motor vehicle retailers recorded the strongest increase in sales of 12.2 per cent, while Building material stores registered the largest decrease in sales of 10.0 per cent.
Returning residents declared overseas purchases valued at $6.6 million, 1.5 per cent higher than in August 2013. This contributed to a combined local and overseas spending total of $88.9 million.
The full August 2014 Retail Sales Index is below [PDF here]:
