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DECEMBER KEY FIGURES

		Dec 07	Nov 07 to Dec 07
		$m	% change
Turnover at current prices
	Trend estimates	20 161.8	0.5
	Seasonally adjusted estimates	20 171.0	0.5

		Dec Qtr 07	Sep Qtr 07 to Dec Qtr 07
		$m	% change
Turnover, in volume terms
	Trend estimates	57 399.6	1.3
	Seasonally adjusted estimates	57 586.1	1.6

Monthly turnover, Trend estimates - % change

Quarterly turnover, in volume terms - Trend estimates

DECEMBER KEY POINTS


TREND ESTIMATES

• The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in December 2007. This follows an increase of 0.6% in November 2007 and 0.7% in October 2007.
• All states and territories had an increase in the trend estimate, except the Australian Capital Territory (0.0%). The largest increases occurred in the Northern Territory (+1.1%), South Australia (+0.7%), New South Wales and Victoria (both +0.6%).

• The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in December 2007. This follows an increase of 0.8% in November 2007 and a revised increase of 0.2% in October 2007.
• All states and territories had increases in the seasonally adjusted estimate, except the Australian Capital Territory (-0.5%) and Western Australia (-0.3%). The largest increases occurred in the Northern Territory (+2.6%) and South Australia (+1.3%).

• In original terms, Australian turnover increased by 22.1% in December 2007 compared with November 2007. Chains and other large retailers (which are completely enumerated) increased by 28.4%, while the estimate for 'smaller' retailers (the sampled units) increased by 13.4%.
• Australian turnover increased by 7.6% in December 2007 compared with December 2006. Chains and other large retailers increased by 8.9%, while 'smaller' retailers rose by 5.7%.

• The trend volume measure of turnover increased by 1.3% in the December quarter 2007. This follows a 1.3% increase in the September quarter 2007. In seasonally adjusted terms, the volume measure increased by 1.6% in the December quarter 2007.

SAMPLING ERRORS

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

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.