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AUGUST KEY FIGURES

		Aug 2007	Jul 2007 to Aug 2007	Aug 2006 to Aug 2007
		'000 L	% change	% change
Trend estimates
Australian produced wine
	Domestic wine sales	35 247	-1.3	-6.4
	White table wine sales	16 884	-1.5	-10.8
	Red and rosé table wine sales	13 205	-0.6	-0.2
Seasonally Adjusted
Australian produced wine
	Domestic wine sales	34 335	-6.4	-12.4
	White table wine sales	16 695	-4.0	-14.4
	Red and rosé table wine sales	12 688	-7.8	-12.1

Australian produced wine, Domestic sales

Australian produced wine, Exports - Original

AUGUST KEY POINTS


AUSTRALIAN WINE DOMESTIC SALES

DOMESTIC WINE SALES

• The trend estimate for domestic sales of Australian produced wine was 35.2 million litres in August 2007, a decrease of 1.3% from July 2007.
• The seasonally adjusted estimate for domestic sales of Australian produced wine was 34.3 million litres in August 2007, a decrease of 6.4% on July 2007.

• The trend estimate for domestic sales of Australian produced white wine decreased by 1.5% in August 2007 and was 10.8% lower than the same time last year.
• The seasonally adjusted estimate for domestic sales of Australian produced white wine was 16.7 million litres in August 2007, a decrease of 4.0% on July 2007.

• The trend estimate for domestic sales of Australian produced red and rosé wine decreased by 0.6% in August 2007 and was 0.2% lower than the same time last year.
• The seasonally adjusted estimate for domestic sales of Australian produced red and rosé wine was 12.7 million litres in August 2007, a decrease of 7.8% on June 2007.

• Exports of Australian produced wine decreased by 6.5% this month to 70.8 million litres. The value of the exported wine in August 2007 was $265.0 million. Australia exported 800.3 million litres, with a total value of $2.9 billion in the twelve months ending August 2007. This was an increase of 9.2% in volume and 6.9% in value over the corresponding period to August 2006.

DATA NOTES

As noted last month, this release has used ARIMA modelling where appropriate for individual time series. The revision properties of the seasonally adjusted and trend estimates can be improved by the use of autoregressive integrated moving average (ARIMA) modelling. ARIMA modelling relies on the characteristics of the series being analysed to project future period data. The projected values are temporary, intermediate values, that are only used internally to improve the estimation of the seasonal factors. The projected data do not affect the original estimates and are discarded at the end of the seasonal adjustment process. The ARIMA model is assessed as part of the annual reanalysis and following the 2007 annual reanalysis all of the applicable Wine series in 8504.0 will use an ARIMA model. For more information on the details of ARIMA modelling see feature article: Use of ARIMA modelling to reduce revisions in the October 2004 issue of Australian Economic Indicators (cat. no. 1350.0).

ROUNDING

Where figures have been rounded, discrepancies may occur between sums of the component items and totals.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Damian Sparkes on Adelaide (08) 8237 7425.