Friday 11h July 2025
Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.
The ABS is abandoning its monthly retail trade numbers, in favour of a more in-depth analysis of consumption in the revamped monthly Household Spending report. There’s a fundamental difference between the two. The Retail Trade data was based on a time consuming survey of retailers, the Household Spending report uses real data from banks, supermarkets and car retailers.
Robert Ewing is Program Manager, Business Statistical Production & Futures Branch at the ABS. Phil asks him what’s new in this report, is it accurate and what sort of enhancements can be expect down the track? It all sounds like a big step forward, but any chance we can get it quicker?
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