Australian Bureau of Statistics

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MAY KEY FIGURES

		May 08	Apr 08 to May 08
		$m	% change
Turnover at current prices
	Trend estimates	20 171.4	0.1
	Seasonally adjusted estimates	20 239.5	0.7

Monthly turnover, Trend estimates - % change

• The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.1% in May 2008 when compared with April 2008. This follows revised increases of 0.1% in the previous two months.
• In May 2008 all industries, except Household good retailing (-0.2%) and Hospitality and services (-0.5%), had an increase in the trend estimate. Industries with the largest increase were Recreational good retailing, Other retailing (both +0.5%) and Clothing and soft good retailing (+0.3%).

• The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.7% in May 2008. This follows a revised decrease of 0.1% in April 2008 and a revised increase of 0.3% in March 2008.
• Industries that had an increase in the seasonally adjusted estimate were Food retailing (+1.0%), Recreational good retailing (+2.2%), Other retailing (+3.1%) and Hospitality and services (+0.8%), while Department stores (-0.8%), Clothing and soft good retailing (-0.3%) and Household good retailing (-1.0%) decreased.

• In original terms, Australian turnover increased by 3.6% in May 2008 compared with April 2008. Chains and other large retailers (which are completely enumerated) increased by 3.6%, while the estimate for 'smaller' retailers (the sampled units) also increased by 3.6%.
• Australian turnover increased by 6.6% in May 2008 compared with May 2007. Chains and other large retailers increased by 9.0%, while 'smaller' retailers increased by 3.4%.