embargoed until 11.30 am aest, thursday 23 july …...2020/07/23 · nab takes data privacy very...

Date July 2020 | Author NAB Group Economics © National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 1

NAB ECONOMICS DATA INSIGHTS IMPACTS OF CORONAVIRUS ON CONSUMPTION BASED SPENDING AND BUSINESS PAYMENT INFLOWS

During these extraordinary times, we have taken the decision to publish aggregated customer data categorised by industry segment with the view to helping provide clarity around which segments of the economy have been most affected by the broader macroeconomic trends at play. NAB takes data privacy very seriously. All customer transaction data has been aggregated and no individual’s data is specifically identified or analysed as part of this process. The data used in this report will not be sold or made publicly available, but insights from the data will be shared with the Australian people.

NAB’s latest Data Insights highlight a slowdown in consumption spending in recent weeks, with overall growth easing to 5.8% y/y for the week ended July 18. Spending slowed in all states and territories (except SA/NT). It is now weakest in VIC (-0.7%) with this result heavily influenced by lockdown in metropolitan Melbourne. NSW is also weakening faster than most. Relative to last year, overall spending growth slowed (or fell further) in all industries, but overall growth continues to be supported mainly by spending on Construction and Retail Trade.

Payment inflows across all industries were flat (0.1%) in the 4-weeks to July 18 (4-week average terms). Inflows are still falling heaviest for corporates. By industry, they were down most in Mining, Transport and Hospitality, and were strongest in Agriculture, Manufacturing, Retail Trade and Professional, Scientific & Technical Services.

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CONSUMPTION SPENDING: WEEKLY CHANGE (Y/Y)VICTORIA - LOCKDOWN AREAS

Lockdown Non-Lockdown All Victoria

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CONSUMPTION SPENDING BY STATE

ACT NSW NT QLD SA TAS VIC WA

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CONSUMPTION SPENDING: BY INDUSTRY

Accommodation and Food Services Administrative and Support ServicesArts and Recreation Services ConstructionEducation and Training Electricity, Gas, Water and Waste ServicesOverall

*Data is not seasonally adjusted-100.0%

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CONSUMPTION SPENDING: BY INDUSTRY

Health Care and Social Assistance Information Media and TelecommunicationsProfessional, Scientific and Technical Services Rental, Hiring and Real Estate ServicesRetail Trade Transport, Postal and WarehousingOverall

*Data is not seasonally adjusted

NAB Group Economics

July 2020

Embargoed until 11.30 am AEST, Thursday 23 July 2020

NAB Data Insights (week ending 18 July 2020)

2

• NAB’s latest Data Insights point to a slowdown in consumption spending in recent weeks, with overall growth easing to 5.8% y/y in the week ending July 18 (9.8% in the previous week), but still roughly at levels seen in late-February.

• Consumption spending eased in all states except SA/NT (8.9%). It fell sharply in VIC, which is now the only state showing a negative result (-0.7%). This spending hit was driven by sharp falls in lockdown areas (-3.6%), with non-lockdown areas still growing by more than 8%. Spending growth halved in NSW (6.1%) compared to the previous week, and was strongest in the NT (19.6%) and WA (12.5%).

• Relative to last year, overall spending growth eased (or fell faster) in all industries. But overall growth continues to be underpinned mostly by spending on Construction (albeit slowing to 19.6% from 39.9% in the previous week) and Retail Trade (which also eased to 18.3% from 25.1% in the previous week). Spending on Hospitality (the biggest sector of the economy) fell 14.6% (down 10.1% last week). Spending on Administration & Support Services is still very weak (-70.9%), with sizeable falls also persisting in Transport, Postal & Warehousing (-43.0%) and Education & Training (-22.6%). See Appendix 1 for more detailed industry data.

• Payment inflows (in year-on-year 4-week moving average terms) were basically flat (0.1%) for the 4 weeks ending July 18 compared to the same time last year, but improved from the previous week (-2.9%). By business size, inflows grew in both large (5.0%) and emerging (2.7%) firms. Inflows into corporates however fell for the fourth straight week (-6.4%), with smaller falls of around 2½% in both medium and small firms.

• By industry, payment inflows into Accommodation continue falling steeply (-16.5%), although this was the slowest rate of decline seen since late-March. Inflows into Mining firms however turned down sharply (-26.9%), with inflows into Transport, Postal & Warehousing also still falling heavily (-16.6%). Inflows into Education fell 4.6% after falling 22.0% in the previous week. Payment inflows were strongest into Agriculture (12.2%), Manufacturing (11.4%), Retail Trade (11.2%) and Professional, Scientific & Technical Services (10.0%). See Appendix 2 for more detailed Industry data.

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PAYMENT INFLOWS INTO NAB MERCHANTS(4-week moving average, % change over same period last year)

Accommodation & Food Serv. Admin. & Support Serv. Agriculture, Forestry & FishingArts & Recreation Serv. Construction Education & TrainingHealthcare & Social Assist. Total

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PAYMENT INFLOWS INTO NAB MERCHANTS(4-week moving average, % change over same period last year)

Manufacturing Mining Other Serv.Prof., Scientific & Tech. Serv. Retail Trade Transport, Postal & W/housingWholesale Trade Total

8.1%

7.1%

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% 12.7

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PAYMENT INFLOWS INTO NAB MERCHANTS(4-weeking moving average, % change on same period last year)

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PAYMENT INFLOWS INTO NAB MERCHANTS - BY MERCHANT SIZE(4-week moving average, % change over same week last year)

Corporate Large Medium Emerging Small


3

NAB CONSUMPTION-BASED SPENDING BY INDUSTRY SECTOR & SELECTED SUB-INDUSTRIES (year-on-year change on same week in previous year - week ending 18 July 2020)

% change on same week in previous year**

Accommodation & Food Services -14.6%

Administrative & Support Services (incl. Travel Agents) -70.9%

Arts & Recreation Services 2.3%

Construction 19.6%

Education & Training -22.6%

Electricity, Gas & Water & Waste Services -2.2%

Healthcare & Social Assistance -0.7%

Information, Media & Telecommunications -6.5%

Professional, Scientific & Technical Services 6.5%

Rental, Hiring & Real Estate Services -11.2%

Retail Trade 18.3%

Transport, Postal & Warehousing -43.0%

TOTAL 5.8%

Best Performers (Sub-Division)

- Internet Publishing & Broadcasting 45.2%

- Publishing (except Internet & Music Publishing) 38.0%

- Gambling Activities 37.7%

- Motor Vehicle & Motor Vehicle Parts Retailing 27.1%

- Other Store-Based Retailing 26.1%

- Construction Services 22.8%

- Building Cleaning, Pest Control & Other Support Services 21.8%

Worst Performers (Sub-Division)

- Water Transport -92.7%

- Air & Space Transport -89.4%

- Motion Picture & Sound Recording Activities -85.8%

- Rail Transport -82.7%

- Administrative Services -73.7%

- Other Transport -71.7%

- Creative & Performing Arts Activities -60.7%

- Accommodation -49.3%

*This data excludes government services, taxes, direct to consumer manufacturers, mortgage and other credit facility repayments. Spending includes both online and offline transactions. Transaction data may include EFTPOS, Credit Card, BPAY, Bank Transfers, Direct Debits and PayPal services where available.

**Data is not seasonally adjusted.


4

PAYMENT INFLOWS INTO NAB MERCHANTS BY INDUSTRY SECTOR & SELECTED SUB INDUSTRIES (4-week moving avg, year-on-year change on same period in previous year, 4-weeks ending 18 July 2020)

4-weeks ending 18 July 2020

Accommodation & Food Services -16.5%

Administration & Support Services -7.2%

Agriculture, Forestry & Fishing 12.2%

Arts & Recreation Services 0.6%

Construction 9.0%

Education & Training -4.6%

Healthcare & Social Assistance 0.8%

Manufacturing 11.4%

Mining -26.9%

Other Services -4.0%

Professional, Scientific & Technical Services 10.0%

Retail Trade 11.2%

Transport, Postal & Warehousing -16.6%

Wholesale Trade -2.9%

TOTAL 0.1%

Business Size

- Small -2.4%

- Emerging 2.7%

- Medium -2.3%

- Large 5.0%

- Corporate -6.4%

Best Performers (Sub-Division)

- Pulp, Paper & Converted Paper Product Manufacturing 96.7%

- Non-Metallic Mineral Product Manufacturing 58.3%

- Exploration & Other Mining Support Services 35.7%

- Building Cleaning, Pest Control & Other Support Services 28.9%

- Gambling Activities 27.0%

- Computer System Design & Related Services 25.6%

- Heavy & Civil Engineering Construction 21.1%

Worst Performers (Sub-Division)

- Air & Space Transport -64.0%

- Coal Mining -46.6%

- Heritage Activities -35.9%

- Metal Ore Mining -34.7%

- Non-Metallic Mineral Mining & Quarrying -34.0%

- Aquaculture -31.3%

- Beverage & Tobacco Product Manufacturing -31.0%

* Payment Inflows are credits to a NAB merchant’s account that is not a financing credit from NAB or a transfer from related accounts.


5

APPENDIX 1: SPENDING CHANGES BY INDUSTRY & INDUSTRY SUB-DIVISION

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ACCOMMODATION & FOOD SERVICES

Accommodation and Food Services Overall


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ACCOMMODATION & FOOD SERVICES

Accommodation Food & Beverage Services


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ADMINISTRATIVE & SUPPORT SERVICES

Administrative and Support Services Overall


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ADMINISTRATIVE & SUPPORT SERVICES

Administrative Services Building Cleaning, Pest Control & Other Support Services


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ARTS & RECREATION SERVICES

Arts and Recreation Services Overall


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ARTS & RECREATION SERVICES

Creative & Performing Arts Activities Gambling ActivitiesHeritage Activities Sports & Recreation Activities



6

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an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


CONSTRUCTION

Construction Overall


-200.0%

0.0%

200.0%

400.0%

600.0%

800.0%

1000.0%

1200.0%

1400.0%

1600.0%

1800.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


CONSTRUCTION

Construction Services Building Construction


-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


EDUCATION & TRAINING

Education and Training Overall


-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


EDUCATION & TRAINING

Adult, Community & Other Education Preschool & School Education Tertiary Education


-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


ELICTRICITY, GAS, WATER & WASTE SERVICES

Electricity, Gas, Water and Waste Services Overall

*Data is not seasonally adjusted -60.0%

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


ELECTRICITY, GAS, WATER & WASTE SERVICES

Electricity Supply Gas Supply

Water Supply, Sewerage & Drainage Services Waste Collection, Treatment & Disposal Services



7

-70.0%

-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

4-Ja

n-20

18-J

an-2

0

1-Fe

b-20

15-F

eb-2

0

29-F

eb-2

0

14-M

ar-2

0

28-M

ar-2

0

11-A

pr-2

0

25-A

pr-2

0

9-M

ay-2

0

23-M

ay-2

0

6-Ju

n-20

20-J

un-2

0

4-Ju

l-20

18-J

ul-2

0


HEALTH CARE & SOCIAL ASSITANCE

Health Care and Social Assistance Overall


-50.0%

0.0%

50.0%

100.0%

150.0%

200.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


HEALTH CARE & SOCIAL ASSISTANCE

Hospitals Residential Care ServicesSocial Assistance Services Medical & Other Health Care Services


-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


INFORMATION MEDIA & TELECOMMUNICATIONS

Information Media and Telecommunications Overall


-150.0%-100.0%

-50.0%0.0%

50.0%100.0%150.0%200.0%250.0%300.0%350.0%400.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


INFORMATION MEDIA & TELECOMMUNICATIONS

Broadcasting (except Internet) Internet Publishing & BroadcastingISPs , Web Search Portals & Data Processing Services Motion Picture & Sound Recording ActivitiesPublishing (except Internet & Music Publishing) Telecommunications ServicesLibrary & Other Information Services


-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES

Professional, Scientific and Technical Services Overall


-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES

Computer System Design & Related ServicesProfessional, Scientific & Technical Services (Except Computer System Design & Related)



8

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


RENTAL, HIRING & REAL ESTATE SERVICES

Rental, Hiring and Real Estate Services Overall


-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


RENTAL, HIRING & REAL ESTATE SERVICES

Property Operators & Real Estate Services Rental & Hiring Services (except Real Estate)


-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


RETAIL TRADE

Retail Trade Overall


-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


RETAIL TRADE

Food Retailing Fuel RetailingMotor Vehicle & Motor Vehicle Parts Retailing Other Store-Based RetailingNon-Store Retail & Retail Comm. Based Buying/Selling


-70.0%

-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


TRANSPORT, POSTAL & WAREHOUSING

Transport, Postal and Warehousing Overall


-120.0%

-100.0%

-80.0%

-60.0%

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

4-Ja

n-20

11-J

an-2

018

-Jan

-20

25-J

an-2

01-

Feb-

208-

Feb-

2015

-Feb

-20

22-F

eb-2

029

-Feb

-20

7-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

4-Ap

r-20

11-A

pr-2

018

-Apr

-20

25-A

pr-2

02-

May

-20

9-M

ay-2

016

-May

-20

23-M

ay-2

030

-May

-20

6-Ju

n-20

13-J

un-2

020

-Jun

-20

27-J

un-2

04-

Jul-2

011

-Jul

-20

18-J

ul-2

0


TRANSPORT, POSTAL & WAREHOUSING

Air & Space Transport Other TransportPostal & Courier Pick-up & Delivery Services Rail TransportRoad Transport Transport Support ServicesWarehousing & Storage Services Water Transport



9

CONSUMPTION SPENDING BY INDUSTRY SUB-DIVISION - RANKED

-92.7%-89.4%

-85.8%-82.7%

-73.7%-71.7%

-60.7%-49.3%

-37.5%-35.4%

-30.6%-30.0%

-27.7%-24.2%

-22.6%-21.8%

-19.2%-15.8%

-14.2%-11.2%

-9.1%-8.5%-8.0%-7.9%

-1.9%-1.0%-0.9%-0.7%-0.5%-0.4%

1.3%3.2%4.0%

5.4%13.2%

16.0%18.5%19.0%

21.8%22.8%

26.1%27.1%

37.7%38.0%

45.2%

-100% -80% -60% -40% -20% 0% 20% 40% 60%

Water TransportAir & Space Transport

Motion Picture & Sound Recording ActivitiesRail Transport

Administrative ServicesOther Transport

Creative & Performing Arts ActivitiesAccommodation

Rental & Hiring Services (except Real Estate)Heritage Activities

Building ConstructionTertiary Education

Sports & Recreation ActivitiesSocial Assistance Services

Preschool & School EducationRoad Transport

Transport Support ServicesFuel Retailing

Residential Care ServicesAdult, Community & Other Education

Gas SupplyWaste Collection, Treatment & Disposal Services

Telecommunications ServicesWater Supply, Sewerage & Drainage Services

Property Operators & Real Estate ServicesPostal & Courier Pick-up & Delivery Services

HospitalsElectricity Supply

Food & Beverage ServicesWarehousing & Storage Services

Non-Store Retail & Retail Comm. Based Buying/SellingBroadcasting (except Internet)

Medical & Other Health Care ServicesProf., Scientific & Tech. Services (ex Computer System Design & Related)

Library & Other Information ServicesFood Retailing

ISPs , Web Search Portals & Data Processing ServicesComputer System Design & Related Services

Building Cleaning, Pest Control & Other Support ServicesConstruction Services

Other Store-Based RetailingMotor Vehicle & Motor Vehicle Parts Retailing

Gambling ActivitiesPublishing (except Internet & Music Publishing)

Internet Publishing & Broadcasting

CHANGE IN CONSUMPTION SPENDING ON THE SAME PERIOD IN THE PREVIOUS YEAR BY INDUSTRY SUB-DIVISION - WEEK ENDING 18 JULY 2020



10

APPENDIX 2 - PAYMENT INFLOWS INTO NAB MERCHANTS BY INDUSTRY & INDUSTRY SUB-DIVISION

2.9%

1.1% 2.0%

0.1%

-2.5

%

-7.1

%

-8.9

%

-7.0

%

-7.1

%

-8.9

%

-20.

5%

-35.

0%

-45.

8%

-53.

6%

-53.

7% -47.

8% -44.

6%

-42.

8%

-42.

6% -39.

4% -36.

1%

-29.

5% - 25.

5%

-24.

2% -18.

2%

-16.

5%

-70.0%

-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ACCOMMODATION & FOOD SERVICES(4-week moving average, % change on same period last year)

-70.0%

-60.0%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ACCOMMODATION & FOOD SERVICES(4-weeking moving average, % change on same period last year)

Accommodation Food & Beverage Services

2.6%

0.8%

-0.2

%

-0.2

%

-2.5

%

-5.4

%

-5.1

% -3.2

%

-2.7

%

-0.4

%

-1.8

%

-9.8

%

-15.

2%

-10.

5%

-17.

9%

-13.

4%

-9.2

%

-18.

3%

-11.

5%

-9.4

%

-9.7

%

-6.4

%

-14.

0%

-8.6

%

-9.4

% -7.2

%

-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ADMINISTRATIVE & SUPPORT SERVICES(4-week moving average, % change on same period last year)

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ADMINISTRATIVE & SUPPORT SERVICES(4-weeking moving average, % change on same period last year)

Administrative Services Building Cleaning, Pest Control & Other Support Serv.

0.6%

5.3%

10.6

%

11.4

%

11.5

%

6.7%

4.5% 5.

6%

9.1%

6.9%

12.0

%

9.2% 10

.7%

20.4

%

14.6

%

18.1

%

14.2

%

9.1%

6.2% 6.6%

-2.1

%

-2.4

%

-9.1

%

-1.1

%

8.7%

12.2

%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

AGRICULTURE, FORESTRY & FISHING(4-week moving average, % change on same period last year)

-100.0%

-50.0%

0.0%

50.0%

100.0%

150.0%

200.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

AGRICULTURE, FORESTRY & FISHING(4-weeking moving average, % change on same period last year)

Agriculture Agriculture, Forestry & Fishing Support Serv.Aquaculture Fishing, Hunting &TrappingForestry & Logging


11

-4.2

%

2.0%

6.3% 8.

0%

4.4%

2.8%

2.5%

0.7%

18.9

%

16.8

% 20.4

%

7.6%

-25.

4% -20.

8%

-33.

0%

-32.

5%

-19.

9%

-20.

4%

-24.

5%

-17.

6%

-16.

7%

-3.6

%

3.6%

0.8%

7.5%

0.6%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ARTS & RECREATION SERVICES(4-week moving average, % change on same period last year)

-150.0%

-100.0%

-50.0%

0.0%

50.0%

100.0%

150.0%

200.0%

250.0%

300.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

ARTS & RECREATION SERVICES(4-weeking moving average, % change on same period last year)

Creative & Performing Arts Activities Gambling ActivitiesHeritage Activities Sports & Recreation Activities

9.7%

2.2%

7.8%

6.5% 6.9%

3.6%

7.0%

6.4% 7.1%

5.2%

9.7%

9.0%

8.6%

28.2

%

11.8

%

17.2

%

23.9

%

15.8

% 18.3

%

17.3

%

9.8%

13.1

%

-7.9

%

6.8%

9.1%

9.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

CONSTRUCTION(4-week moving average, % change on same period last year)

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

CONSTRUCTION(4-weeking moving average, % change on same period last year)

Building Construction Construction Services Heavy & Civil Engineering Construction

2.2%

1.5%

73.8

%

-6.3

%

1.5% 5.

5%

4.1% 8.

7%

3.5%

-6.1

%

-16.

1%

-12.

7%

-12.

3%

-0.6

%

1.5%

-2.3

%

1.2%

10.1

% 19.7

%

11.7

%

7.9%

5.2%

1.4%

9.8%

-22.

0%

-4.6

%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

EDUCATION & TRAINING(4-week moving average, % change on same period last year)

-100.0%

-50.0%

0.0%

50.0%

100.0%

150.0%

200.0%

250.0%

300.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

EDUCATION & TRAINING(4-weeking moving average, % change on same period last year)

Adult, Community & Other Education Preschool & School Education Tertiary Education


12

2.0%

10.2

%

10.5

%

5.7%

2.6% 3.0%

5.7%

7.7% 7.9%

10.5

%

7.6%

4.0%

9.5% 10

.4%

2.1%

12.5

% 15.3

%

10.5

%

9.9%

6.4%

-1.4

%

-3.8

%

-5.1

%

-11.

9%

-3.5

%

0.8%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

HEALTH CARE & SOCIAL ASSISTANCE(4-week moving average, % change on same period last year)

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

HEALTH CARE & SOCIAL ASSISTANCE(4-weeking moving average, % change on same period last year)

Hospitals Medical & Other Health Care ServicesResidential Care Services Social Assistance Services

5.9%

-3.7

% -0.2

%

-1.5

%

4.4%

3.3% 4.2%

1.1%

-4.0

%

-2.2

%

0.8% 3.

4%

2.7%

13.4

%

35.1

%

45.9

%

45.3

%

42.4

%

22.6

%

15.6

%

15.4

%

13.8

%

-6.3

%

9.3% 12

.1%

11.4

%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

MANUFACTURING(4-week moving average, % change on same period last year)

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

MANUFACTURING (1)(4-weeking moving average, % change on same period last year)

Basic Chemical & Chemical Prod. Mfg Beverage & Tobacco Prod. MfgFabricated Metal Prod. Mfg Food Prod. MfgFurniture & Other Mfg

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

140.0%

160.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending


Machinery & Equipment Mfg Non-Metallic Mineral Prod. MfgPetroleum & Coal Prod. Mfg Polymer & Rubber Prod. MfgPrimary Metal & Metal Prod. Mfg

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending


Printing (inc. Rep. of Recorded Media) Textile, Leather, Clothing & Footwear Mfg

Transport Equipment Mfg Wood Prod. Mfg


13

-100.0%

0.0%

100.0%

200.0%

300.0%

400.0%

500.0%

600.0%

700.0%

800.0%

900.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending


Pulp, Paper & Converted Paper Prod. Mfg

0.4%

-6.2

% -3.3

%

-3.8

%

-8.7

%

3.2%

13.0

%

15.3

%

16.7

%

-0.4

%

-7.0

%

-8.3

%

-27.

5%

-19.

7%

-23.

0%

-28.

2%

-14.

5%

-14.

1%

-5.2

%

16.9

% 21.2

%

17.4

%

2.5%

2.0%

-6.0

%

-26.

9%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

MINING(4-week moving average, % change on same period last year)

-100.0%

-50.0%

0.0%

50.0%

100.0%

150.0%

200.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

MINING(4-weeking moving average, % change on same period last year)

Coal Mining Exploration & Other Mining Support Serv.Metal Ore Mining Non-Metallic Mineral Mining & QuarryingOil & Gas Extraction

21.0

%

19.4

%

34.2

%

10.1

%

18.3

%

17.9

%

3.8% 5.

2%

2.4% 4.

7%

7.8% 9.

9%

5.5%

9.2%

3.0% 4.

1%

11.6

%

12.1

%

19.8

%

34.5

%

39.1

%

34.4

%

20.8

%

12.8

%

5.0%

-4.0

%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

OTHER SERVICES(4-week moving average, % change on same period last year)

-500.0%

0.0%

500.0%

1000.0%

1500.0%

2000.0%

2500.0%

3000.0%

3500.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

OTHER SERVICES(4-weeking moving average, % change on same period last year)

Personal & Other Serv.Private H/holds Emp. Staff & Undiff G&S Producing ActivitiesRepair & Maintenance


14

7.7%

7.3%

10.3

%

11.6

%

15.3

%

10.0

%

7.9%

5.4%

3.9% 5.

5%

8.4%

12.5

%

9.0%

16.9

%

9.8%

6.0%

3.6%

-3.5

% -2.3

%

-2.9

%

3.3% 3.

9%

-6.5

%

-2.6

%

-3.5

%

10.0

%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

PROFESSIONAL, SCIENTIFIC & TECH SERVICES(4-week moving average, % change on same period last year)

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

PROFESSIONAL, SCIENTIFIC & TECH SERVICES(4-weeking moving average, % change on same period last year)

Computer System Design & Related Serv.

Professional, Scientific & Tech. Serv. (Ex. Computer System Design & Related)

8.6%

7.1%

13.3

%

14.2

% 16.1

%

14.3

%

12.8

%

12.4

% 15.4

%

19.5

%

13.2

%

11.7

%

4.4%

-1.2

%

-2.0

%

-5.6

%

-4.9

%

-5.2

%

-7.6

%

-0.8

%

-0.3

%

3.2%

1.4%

4.7%

10.0

%

11.2

%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

RETAIL TRADE(4-week moving average, % change on same period last year)

-80.0%

-40.0%

0.0%

40.0%

80.0%

120.0%

160.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

RETAIL TRADE(4-weeking moving average, % change on same period last year)

Food Retailing Fuel Retailing

Motor Vehicle & Motor Vehicle Parts Retailing Non-Store Retail & Retail Com-Based Buy/Sell

Other Store-Based Retailing

-4.2

%

-6.1

%

8.2%

5.7%

-1.2

%

-5.5

%

-14.

7%

-13.

4%

-5.6

%

-17.

2%

-16.

0%

-10.

1%

-20.

6%

2.4%

-2.1

%

-1.0

%

8.0%

-3.9

%

-8.1

%

-7.3

%

-11.

3%

-15.

9%

-18.

0%

-18.

4%

-19.

4% -16.

6%

-30.0%

-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

TRANSPORT, POSTAL & WAREHOUSING(4-week moving average, % change on same period last year)

-80.0%

-60.0%

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

TRANSPORT, POSTAL & WAREHOUSING(4-weeking moving average, % change on same period last year)

Air & Space Transport Other TransportPostal & Courier Pick-up and Delivery Serv. Rail TransportRoad Transport Transport Support Serv.Warehousing & Storage Serv. Water Transport


15

PAYMENT INFLOWS BY INDUSTRY SUB-DIVISION - RANKED

3.6%

-2.8

%

10.5

%

10.9

%

24.7

%

19.8

%

14.4

%

12.0

%

6.9% 10

.0%

22.9

% 27.1

% 31.9

%

55.3

%

43.2

%

39.0

%

29.6

%

19.1

%

17.0

%

16.9

%

17.4

%

6.7%

-19.

3%

-7.9

%

-6.1

% -2.9

%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

WHOLESALE TRADE(4-week moving average, % change on same period last year)

-60.0%

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

25-J

an-2

001

-Feb

-20

08-F

eb-2

015

-Feb

-20

22-F

eb-2

029

-Feb

-20

07-M

ar-2

014

-Mar

-20

21-M

ar-2

028

-Mar

-20

04-A

pr-2

011

-Apr

-20

18-A

pr-2

025

-Apr

-20

02-M

ay-2

009

-May

-20

16-M

ay-2

023

-May

-20

30-M

ay-2

006

-Jun

-20

13-J

un-2

020

-Jun

-20

27-J

un-2

004

-Jul

-20

11-J

ul-2

018

-Jul

-20

week ending

WHOLESALE TRADE(4-weeking moving average, % change on same period last year)

Basic Material Wholesaling Grocery, Liquor & Tobacco Product WholesalingMachinery & Equipment Wholesaling Motor Vehicle & Motor Vehicle Parts WholesalingOther Goods Wholesaling

-64.0%-46.6%

-35.9%-34.7%-34.0%

-31.3%-31.0%-30.0%-30.0%

-25.6%-21.8%

-19.8%-19.5%

-17.8%-12.8%

-10.8%-10.2%

-9.1%-8.3%

-6.6%-6.4%-5.9%-5.8%

-4.0%-4.0%-3.3%-2.6%-2.5%-2.2%-2.2%-1.9%

0.5%0.9%

2.9%2.9%

4.0%4.5%4.6%5.1%5.2%

6.4%6.8%7.0%7.1%

8.4%9.8%

10.9%11.3%11.9%

13.0%13.3%13.5%14.0%14.1%14.2%14.4%

16.1%17.0%17.9%

21.1%25.6%

27.0%28.9%

35.7%58.3%

96.7%

-75.0% -50.0% -25.0% 0.0% 25.0% 50.0% 75.0% 100.0%

Air and Space TransportCoal Mining

Heritage ActivitiesMetal Ore Mining

Non-Metallic Mineral Mining and QuarryingAquaculture

Beverage and Tobacco Product ManufacturingCreative and Performing Arts Activities

AccommodationPreschool and School Education

Road TransportSports and Recreation Activities

Transport Support ServicesBasic Material Wholesaling

Textile, Leather, Clothing and Footwear ManufacturingMotor Vehicle and Motor Vehicle Parts Wholesaling

Food and Beverage ServicesPrinting (including the Reproduction of Recorded Media)

Administrative ServicesFuel Retailing

Food Product ManufacturingPersonal and Other Services

Adult, Community and Other EducationOther Transport

Social Assistance ServicesHospitals

Wood Product ManufacturingPrimary Metal and Metal Product Manufacturing

Residential Care ServicesGrocery, Liquor and Tobacco Product Wholesaling

Water TransportConstruction Services

Polymer Product and Rubber Product ManufacturingAgriculture, Forestry and Fishing Support Services

Forestry and LoggingMachinery and Equipment Manufacturing

Transport Equipment ManufacturingBasic Chemical and Chemical Product Manufacturing

Medical and Other Health Care ServicesWarehousing and Storage Services

Other Goods WholesalingFabricated Metal Product Manufacturing

Petroleum and Coal Product ManufacturingRepair and Maintenance

Professional, Scientific and Technical Services (Except Computer System Design and RelatedFood Retailing

Furniture and Other ManufacturingPostal and Courier Pick-up and Delivery Services

Rail TransportMachinery and Equipment Wholesaling

Tertiary EducationMotor Vehicle and Motor Vehicle Parts Retailing

Private Households Employing Staff and Undifferentiated Goods- and Service-Producing ActivitiesOther Store-Based Retailing

Building ConstructionOil and Gas Extraction

Fishing, Hunting and TrappingNon-Store Retailing and Retail Commission-Based Buying and/or Selling

AgricultureHeavy and Civil Engineering Construction

Computer System Design and Related ServicesGambling Activities

Building Cleaning, Pest Control and Other Support ServicesExploration and Other Mining Support Services

Non-Metallic Mineral Product ManufacturingPulp, Paper and Converted Paper Product Manufacturing

CHANGE IN PAYMENT INFLOWS INTO NAB MERCHANTS OVER PREVIOUS YEARBY INDUSTRY SUB-DIVISION - WEEK ENDING 18 JULY 2020 (4-WEEK MOVING AVG)*

*Data is not seasonally adjusted n.s.a.


16

AUTHORS Alan Oster Group Chief Economist [email protected] +61 (0)414 444 652

Dean Pearson Head of Behavioural & Industry Economics [email protected] +613 8634 2331

Brien McDonald Associate Director - Economics [email protected] +613 8634 3837

Robert De Iure Associate Director Economics [email protected] +613 8634 4611

Steven Wu Associate Director - Economics [email protected] +(613) 9208 2929

Important Notice

This document has been prepared by National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 ("NAB"). Any advice contained in this document has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in this document, NAB recommends that you consider whether the advice is appropriate for your circumstances.

NAB recommends that you obtain and consider the relevant Product Disclosure Statement or other disclosure document, before making any decision about a product including whether to acquire or to continue to hold it.

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