Inside Retail presents the Australian Retail Index. The index gives a quick overview of retail statistics in four key categories; fashion and accessories, furniture and homewares, sporting and recreational, and other. Key retail statistics are shown weekly, with yearly comparisons available. After three weeks of negative results, retail sales across the country have returned to positive territory with a solid 4.82 per cent increase on the previous weeks result. This gain is in line with the chan
nge seen in the same week of 2014 where the Index posted a 3.59 per cent increase.
Most impressive was the turnaround in the sporting and recreational goods sector, which saw a gain of 14.13 per cent on the previous week, after a horror run of three underperforming weeks, including a drop in sales growth of more than 10 per cent three weeks ago.
Both the furniture and homewares and fashion and accessories sectors lost a few percentage points but these sectors tend to be resilient, so the expectation is that they will bounce back next week.