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JUNE KEY FIGURES

		Jun 07	May 07 to Jun 07
		$m	% change
Turnover at current prices
	Trend estimates	19 130.6	0.4
	Seasonally adjusted estimates	19 179.7	1.4

		Jun Qtr 07	Mar Qtr 07 to Jun Qtr 07
		$m	% change
Turnover, in volume terms
	Trend estimates	54 420.0	0.9
	Seasonally adjusted estimates	54 183.5	-0.2

Monthly turnover, Trend estimates - % change

Quarterly turnover, in volume terms - Trend estimates

JUNE KEY POINTS


TREND ESTIMATES

• The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.4% in June 2007. This follows an increase of 0.4% in May 2007 and a revised increase of 0.5% in April 2007.
• In June 2007, all states and territories had an increase in the trend estimate, except Victoria which was flat. The largest increase occurred in Queensland (+1.0%).

• The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 1.4% in June 2007. This follows a revised decrease of 0.3% in May 2007 and a decrease of 0.3% in April 2007.
• All states and territories had increases in the seasonally adjusted estimate. The largest increase occurred in Queensland (+2.2%).

• In original terms, Australian turnover increased by 0.5% in June 2007 compared with May 2007. Chains and other large retailers (which are completely enumerated) increased by 1.8%, while the estimate for 'smaller' retailers (the sampled units) decreased by 1.2%.
• Australian turnover increased by 6.4% in June 2007 compared with June 2006. Chains and other large retailers increased by 7.5%, while 'smaller' retailers increased by 5.0%.

• The trend volume measure of turnover increased by 0.9% in the June quarter 2007. This follows a 1.1% increase in the March quarter 2007. In seasonally adjusted terms, the volume measure decreased by 0.2% in the June quarter 2007.

CHAIN VOLUME MEASURES

Previously, the reference year has been updated annually every June quarter. From 2007 onwards, the updating of the reference year will be completed in the September quarter each year.

SAMPLING ERRORS

Standard errors for the Australian estimates (original data) for June 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.