TOTAL RETAIL - MONTHLY
The chart below shows the trend series, to November 2008, and seasonally adjusted series, to July 2009.
The current price, monthly seasonally adjusted series are estimated using forward seasonal factors based on data to the November 2008 reference month. Therefore, the seasonal adjustment factors have not been influenced by spending associated with the stimulus packages.
In current price seasonally adjusted terms, Australian turnover decreased by 1.0% in July 2009 following a decline of 0.8% in June. Australian turnover has increased in seven of the eight months prior to June 2009 including a 4.3% increase in December 2008.
All industry and state seasonally adjusted estimates for July 2009 are above the level of the comparable trend estimate at November 2008.