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8501.0 - Retail Trade, Australia, May 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/07/2008   
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MAY KEY FIGURES

May 08
Apr 08 to May 08
$m
% change

Turnover at current prices
Trend estimates
20 171.4
0.1
Seasonally adjusted estimates
20 239.5
0.7


Monthly turnover, Trend estimates - % change
Graph: Monthly turnover, Trend estimate, Percentage change



MAY KEY POINTS


TREND ESTIMATES
  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.1% in May 2008 when compared with April 2008. This follows revised increases of 0.1% in the previous two months.
  • In May 2008 all industries, except Household good retailing (-0.2%) and Hospitality and services (-0.5%), had an increase in the trend estimate. Industries with the largest increase were Recreational good retailing, Other retailing (both +0.5%) and Clothing and soft good retailing (+0.3%).


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.7% in May 2008. This follows a revised decrease of 0.1% in April 2008 and a revised increase of 0.3% in March 2008.
  • Industries that had an increase in the seasonally adjusted estimate were Food retailing (+1.0%), Recreational good retailing (+2.2%), Other retailing (+3.1%) and Hospitality and services (+0.8%), while Department stores (-0.8%), Clothing and soft good retailing (-0.3%) and Household good retailing (-1.0%) decreased.


ORIGINAL ESTIMATES
  • In original terms, Australian turnover increased by 3.6% in May 2008 compared with April 2008. Chains and other large retailers (which are completely enumerated) increased by 3.6%, while the estimate for 'smaller' retailers (the sampled units) also increased by 3.6%.
  • Australian turnover increased by 6.6% in May 2008 compared with May 2007. Chains and other large retailers increased by 9.0%, while 'smaller' retailers increased by 3.4%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
June 2008 31 July 2008
July 2008 2 September 2008
August 2008 30 September 2008
September 2008 3 November 2008
October 2008 2 December 2008
November 2008 7 January 2009



CHANGES IN THIS ISSUE

There are no changes in this issue.


SAMPLING ERRORS

Standard errors for the Australian estimates (original data) for May 2008 contained in this publication are:

Data Series
Estimate
Standard error

Level of retail turnover ($m)
19 836.8
146.8
Change from preceding month ($m)
690.8
107.5
% change from preceding month (%)
3.6
0.6



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 Rod Cowie on Canberra (02) 6252 6720.


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