Australian retail turnover has lifted 0.6 percent in January, according to the preliminary figures released by the Australian Bureau of Statistics. 

Australian retail turnover may have dipped in December 2020, but the industry is heads and shoulders above the same period in 2019. What do these figures indicate about the future of retail in Australia?

Victorian retail store openings have driven the increase of retail sales volumes, which rose 2.5 percent in December, according to the Australian Bureau of Statistics. 

Preliminary December retail turnover figures have shown a 4.2 percent fall, seasonally adjusted, the Australian Bureau of Statistics has reported. 

Online retail has accounted for a whopping 11 percent of total retail turnover, according to the latest report from the Australian Bureau of Statistics.

Retail turnover has risen by 1.4 percent in October, the Australian Bureau of Statistics has reported. This follows a fall of 1.1 percent in September.

Preliminary retail turnover has increased by 1.6 percent in October, the Australian Bureau of Statistics has reported. 

Retail turnover has fallen 1.1 percent in September, reports the Australian Bureau of Statistics. 

Australian retail turnover has dropped four percent in August, with the main driver stemming from Victoria's Stage Four restrictions. In contrast, online retail continues to skyrocket, almost doubling from 2019 results.

Australian retail turnover has fallen 4.2 percent, with a major slip of 12.6 percent in Victoria and a 1.5 percent fall across the rest of the country.

Retail has experienced a 3.3 percent increase across all categories in July, seasonally adjusted, in a new report released by the Australian Bureau of Statistics.

Retail has increased in turnover by 2.7 percent, in the preliminary reports shared by the Australian Bureau of Statistics.