8501.0 - Retail Trade, Australia, May 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/07/2007   
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MAY KEY FIGURES

May 07
Apr 07 to May 07
$m
% change

Turnover at current prices
Trend estimates
19 021.9
0.4
Seasonally adjusted estimates
18 918.2
-0.1

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



MAY KEY POINTS


TREND ESTIMATES
  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.4% in May 2007. This follows revised increases of 0.4% in April 2007 and 0.5% in March 2007.
  • In May 2007, all states and territories had an increase in the trend estimate, except Victoria which was flat. The largest increase occurred in Queensland (+0.9%).


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series decreased by 0.1% in May 2007. This follows a revised decrease of 0.3% in April 2007 and a revised increase of 1.1% in March 2007.
  • All states and territories except New South Wales (-0.3%), Victoria (-0.7%) and Western Australia (-0.1%) had increases in the seasonally adjusted estimate. The largest increase occurred in Tasmania (+1.0%).


ORIGINAL ESTIMATES
  • In original terms, Australian turnover increased by 3.0% in May 2007 compared with April 2007. Chains and other large retailers (which are completely enumerated) increased by 2.9%, while the estimate for 'smaller' retailers (the sampled units) increased by 3.1%.
  • Australian turnover increased by 6.7% in May 2007 compared with May 2006. Chains and other large retailers increased by 7.5%, while 'smaller' retailers increased by 5.7%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
June 2007 1 August 2007
July 2007 31 August 2007
August 2007 3 October 2007
September 2007 1 November 2007
October 2007 4 December 2007
November 2007 9 January 2008



CHANGES IN THIS ISSUE

There are no changes in this issue.



SAMPLING ERRORS

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

Data Series
Estimate
Standard error

Level of retail turnover ($m)
18 478.5
126.5
Change from preceding month ($m)
537.5
63.0
% change from preceding month (%)
3.0
0.4


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.