MAY KEY FIGURES
| | May 2014 | April 2014 to May 2014 |
| | $m | % change |
|
Turnover at current prices | | |
| Trend | 23 119.1 | 0.0 |
| Seasonally Adjusted | 22 990.0 | -0.5 |
|
Monthly Turnover, Current Prices - Trend Estimate
| |
MAY KEY POINTS
CURRENT PRICES
- The trend estimate was relatively unchanged (0.0%) in May 2014. This follows a rise of 0.1% in April 2014 and a rise of 0.2% in March 2014.
- The seasonally adjusted estimate fell 0.5% in May 2014. This follows a fall of 0.1% in April 2014 and a relatively unchanged (0.0%) March 2014.
- In trend terms, Australian turnover rose 5.3% in May 2014 compared with May 2013.
- The following industries rose in trend terms in May 2014: Cafes, restaurants and takeaway food services (0.4%) and Food retailing (0.1%). Household goods retailing was relatively unchanged (0.0%). Clothing, footwear and personal accessory retailing (-0.6%), Other retailing (-0.1%) and Department stores (-0.2%) fell in trend terms in May 2014.
- The following states and territories rose in trend terms in May 2014: New South Wales (0.3%), the Northern Territory (0.3%) and Tasmania (0.1%). Victoria (0.0%) and Queensland (0.0%) were relatively unchanged. Western Australia (-0.4%), the Australian Capital Territory (-0.6%) and South Australia (-0.1%) fell in trend terms in May 2014.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
June 2014 | 4 August 2014 |
July 2014 | 4 September 2014 |
August 2014 | 1 October 2014 |
September 2014 | 4 November 2014 |
October 2014 | 4 December 2014 |
November 2014 | 9 January 2015 |
CHANGES IN THIS ISSUE
This issue includes updated online retail turnover estimates for the May 2014 reference month. These estimates are provided and explained within the appendix section of this publication.
An annual seasonal reanalysis based on estimates up to and including April 2014 identified a number of minor revisions, including a trend break in the supermarket series in December 2013. The trend break of $190m has been spread across supermarkets in NSW, Victoria and Queensland and increases the trend figure for that month for Australia from 0.7% to 1.2%. The trend break has little impact on recent months.
REVISIONS
There are no revisions to the original estimates. Revisions to seasonally adjusted estimates are due to the concurrent methodology for deriving seasonal factors and changes arising from the annual seasonal reanalysis.
TIME SERIES DATA
Data available from the Downloads tab of this issue on the ABS website include longer time series of tables in this publication, the quarterly chain volume measures and the following additional current price monthly series:
- Retail turnover by state and 15 industry subgroups in trend, seasonally adjusted and original terms
- Retail turnover completely enumerated and sample sector, by six industry groups in original terms
- Retail turnover completely enumerated and sample sector, by state in original terms
- Retail turnover completely enumerated sector, total level in trend, seasonally adjusted and original terms.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Amanda Biltoft on Sydney (02) 9268 4642.