JUNE KEY FIGURES
| | Jun 08 | May 08 to Jun 08 |
| | $m | % change |
|
Turnover at current prices | | |
| Trend estimates | 20 113.4 | 0.0 |
| Seasonally adjusted estimates | 20 036.5 | -1.0 |
|
| | Jun Qtr 08 | Mar Qtr 08 to Jun Qtr 08 |
| | $m | % change |
|
Turnover, in volume terms | | |
| Trend estimates | 57 134.2 | -0.2 |
| Seasonally adjusted estimates | 56 930.5 | -0.6 |
|
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 was unchanged in June 2008. The previous three months have all been revised to no change in the trend estimate.
- In June 2008, industries that had an increase in the trend estimate were Food retailing (+0.2%) and Other retailing (+0.3%). Department stores (-0.8%), Clothing and soft good retailing (-0.6%), Recreational good retailing (-0.2%) and Hospitality and services (-0.1%) had a decline in the trend estimate.
SEASONALLY ADJUSTED ESTIMATES
- The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series decreased by 1.0% in June 2008. This follows a revised increase of 0.9% in May 2008 and a revised decrease of 0.4% in April 2008.
- All industries except, Household good retailing (+0.8%) and Hospitality and services (0.0%), had a decrease in June 2008. The largest decreases were in Department stores (-5.2%) and Clothing and soft good retailing (-5.0%).
ORIGINAL ESTIMATES
- In original terms, Australian turnover decreased by 3.9% in June 2008 compared with May 2008. Chains and other large retailers (which are completely enumerated) decreased by 2.9%, while the estimate for 'smaller' retailers (the sampled units) decreased by 5.3%.
- Australian turnover increased by 1.9% in June 2008 compared with June 2007. Chains and other large retailers increased by 4.0%, while 'smaller' retailers decreased by 0.9%.
VOLUME MEASURES
- The trend volume measure of turnover decreased by 0.2% in the June quarter 2008. This follows a 0.2% increase in the March quarter 2008. In seasonally adjusted terms, the volume measure decreased by 0.6% in the June quarter 2008.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
July 2008 | 9 September 2008 |
August 2008 | 30 September 2008 |
September 2008 | 3 November 2008 |
October 2008 | 2 December 2008 |
November 2008 | 7 January 2009 |
December 2008 | 4 February 2009 |
CHANGES IN THIS ISSUE
Quarterly Chain Volume data are shown in Tables 14 and 15 of this issue.
SAMPLING ERRORS
Standard errors for the Australian estimates (original data) for June 2008 contained in this publication are:
Data Series | Estimate | Standard error |
|
Level of retail turnover ($m) | 19 061.4 | 143.7 |
Change from preceding month ($m) | -775.4 | 52.5 |
% change from preceding month (%) | -3.9 | 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 Jeremy Walker on Canberra (02) 6252 5451.