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MARCH KEY FIGURES

		Mar 07	Feb 07 to Mar 07
		$m	% change
Turnover at current prices
	Trend estimates	18 929.1	0.7
	Seasonally adjusted estimates	19 026.8	1.1

		Mar Qtr 07	Dec Qtr 06 to Mar Qtr 07
		$m	% change
Turnover, in volume terms
	Trend estimates	54 091.0	1.3
	Seasonally adjusted estimates	54 317.4	2.0

Monthly turnover, Trend estimates - % change

Quarterly turnover, in volume terms - Trend estimates

MARCH KEY POINTS


TREND ESTIMATES

• The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.7% in March 2007. This follows revised increases of 0.7% in both February and January 2007.
• In March 2007, all states and territories had an increase in the trend estimate. The largest increase occurred in Western Australia (+1.0%).

• The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 1.1% in March 2007. This follows an increase of 0.9% in February 2007 and a revised increase of 0.9% in January 2007.
• All states and territories had increases in the seasonally adjusted estimate. The largest increases occurred in Queensland (+2.1%) and the Australian Capital Territory (+1.9%).

• In original terms, Australian turnover increased by 13.0% in March 2007 compared with February 2007. Chains and other large retailers (which are completely enumerated) increased by 14.7%, while the estimate for 'smaller' retailers (the sampled units) increased by 10.9%.
• Australian turnover increased by 8.2% in March 2007 compared with March 2006. Chains and other large retailers increased by 8.6%, while 'smaller' retailers increased by 7.8%.

• The trend volume measure of turnover increased by 1.3% in the March quarter 2007. This follows a revised increase of 1.2% in the December quarter 2006. In seasonally adjusted terms, the volume measure increased by 2.0% in the March quarter 2007.

SAMPLING ERRORS

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