Retail Turnover — methodology

What this metric measures

Total monthly retail sales across all industries in Australia, seasonally adjusted. Measures how much consumers are spending in shops, online, and on food services.

Why it matters: Retail turnover is the most direct measure of consumer spending — the largest component of GDP. A sustained decline signals households are pulling back, which flows through to business revenue, employment, and tax receipts.

Source & provenance

Publisher

ABS

Update frequency

monthly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Higher is better

Trend window

60 months

Baseline

Last 10 years

{
  "red_max_pct_of_baseline": 95,
  "amber_min_pct_of_baseline": 95,
  "green_min_pct_of_baseline": 102
}