8501.0 - Retail Trade, Australia, Feb 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/04/2007   
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FEBRUARY KEY FIGURES

Feb 07
Jan 07 to Feb 07
$m
% change

Turnover at current prices
Trend estimates
18 720.9
0.5
Seasonally adjusted estimates
18 795.0
0.9

Monthly turnover, Trend estimates - % change
Graph: Monthly turnover, Trend estimate, Percentage change



FEBRUARY KEY POINTS


TREND ESTIMATES
  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in February 2007. This follows revised increases of 0.5% in both January 2007 and December 2006.
  • In February 2007, all states and territories had an increase in the trend estimate. The largest increase occurred in Western Australia (+1.0%).


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.9% in February 2007. This follows revised increases of 0.8% in January 2007 and 0.3% in December 2006.
  • All states and territories had increases in the seasonally adjusted estimate. The largest increases occurred in the Australian Capital Territory (+2.0%), South Australia (+1.4%) and Queensland (+1.3%).


ORIGINAL ESTIMATES
  • In original terms, Australian turnover decreased by 8.9% in February 2007 compared with January 2007. Chains and other large retailers (which are completely enumerated) decreased by 11.2%, while the estimate for 'smaller' retailers (the sampled units) decreased by 5.6%.
  • Australian turnover increased by 6.9% in February 2007 compared with February 2006. Chains and other large retailers increased by 6.8%, while 'smaller' retailers increased by 7.0%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2007 8 May 2007
April 2007 30 May 2007
May 2007 3 July 2007
June 2007 1 August 2007
July 2007 31 August 2007
August 2007 3 October 2007



REVISIONS

There have been revisions for January 2007 to Household good retailing, specifically Domestic hardware and houseware retailing, in New South Wales and Victoria.



CHANGES IN THIS ISSUE

There are no changes in this issue.



SAMPLING ERRORS

Standard errors for the Australian estimates (original data) for February 2007 contained in this publication are:

Data Series
Estimate
Standard error

Level of retail turnover ($m)
16 603.2
125.4
Change from preceding month ($m)
-1 616.4
57.9
% change from preceding month (%)
-8.9
0.3


For more information see the Explanatory Notes, paragraphs 32-36.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Graham Phillips on Canberra (02) 6252 5625.