SEPTEMBER KEY FIGURES
| | Sep 07 | Aug 07 to Sep 07 |
| | $m | % change |
|
Turnover at current prices | | |
| Trend estimates | 19 799.3 | 0.7 |
| Seasonally adjusted estimates | 19 857.0 | 0.8 |
|
| | Sep Qtr 07 | Jun Qtr 07 to Sep Qtr 07 |
| | $m | % change |
|
Turnover, in volume terms | | |
| Trend estimates | 56 531.3 | 1.1 |
| Seasonally adjusted estimates | 56 663.6 | 1.9 |
|
Monthly turnover, Trend estimates - % change
| Quarterly turnover, in volume terms - Trend estimates
|
SEPTEMBER KEY POINTS
TREND ESTIMATES
- The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.7% in September 2007. This follows revised increases of 0.7% in both August and July 2007.
- In September 2007, all states and territories had an increase in the trend estimate. The largest increase occurred in Queensland (+1.0%).
SEASONALLY ADJUSTED ESTIMATES
- The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.8% in September 2007. This follows a revised increase of 0.8% in August 2007 and an increase of 0.8% in July 2007.
- All states and territories except Tasmania (-1.1%) and the Australian Capital Territory (-0.3%) had increases in the seasonally adjusted estimate. The largest increase occurred in Queensland (+1.2%).
ORIGINAL ESTIMATES
- In original terms, Australian turnover decreased by 1.3% in September 2007 compared with August 2007. Chains and other large retailers (which are completely enumerated) decreased by 0.7%, while the estimate for 'smaller' retailers (the sampled units) decreased by 2.1%.
- Australian turnover increased by 7.3% in September 2007 compared with September 2006. Chains and other large retailers increased by 9.2%, while 'smaller' retailers increased by 4.9%.
VOLUME MEASURES
- The trend volume measure of turnover increased by 1.1% in the September quarter 2007. This follows a 1.2% increase in the June quarter 2007. In seasonally adjusted terms, the volume measure increased by 1.9% in the September quarter 2007.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
October 2007 | 4 December 2007 |
November 2007 | 9 January 2008 |
December 2007 | 5 February 2008 |
January 2008 | 4 March 2008 |
February 2008 | 4 April 2008 |
March 2008 | 2 May 2008 |
CHANGES IN THIS ISSUE
Quarterly chain volume data are shown in Tables 14 and 15 of this issue. A new base year, 2005-06, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2005-06, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.
REVISIONS
There have been some revisions to August 2007 data due to reporting errors. These revisions affect Food retailing, all states; Household good retailing, South Australia; Other retailing, Victoria and Hospitality and services, Queensland.
SAMPLING ERRORS
Standard errors for the Australian estimates (original data) for September 2007 contained in this publication are:
Data Series | Estimate | Standard error |
|
Level of retail turnover ($m) | 19 174.7 | 137.3 |
Change from preceding month ($m) | -251.7 | 61.6 |
% change from preceding month (%) | -1.3 | 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 Graham Phillips on Canberra (02) 6252 5625.