9314.0 - Sales of New Motor Vehicles, Australia, Apr 2008 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 21/05/2008   
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WHAT IF...? REVISIONS TO TREND ESTIMATES


EFFECT OF NEW SEASONALLY ADJUSTED ESTIMATES ON TREND ESTIMATES


ANALYSIS

This information is presented to give an indicative view of the possible revision of the current trend estimate based on the different scenarios of the future seasonally adjusted estimates. These estimates should not be used as a prediction of future trend estimates. For further information, see Explanatory Notes, paragraphs 11 and 12.

The graph below presents the effect of two possible scenarios on the published trend estimates.

1 The May 2008 seasonally adjusted estimate of total vehicle sales is higher than the April 2008 seasonally adjusted estimate by 3.2%.

2 The May 2008 seasonally adjusted estimate of total vehicle sales is lower than the April 2008 seasonally adjusted estimate by 3.2%.

The percentage change of 3.2% was chosen because the average absolute percentage change over the last 10 years has been 3.2%.

Trend Sensitivity

Graph: New Motor Vehicle Sales - Trend Sensitivity


What if next month's seasonally adjusted estimate:
Trend as published
(1) Rises by 3.2%
(2) Falls by 3.2%
no.
no.
no.

2008
January
90 537
90 518
90 615
February
90 396
90 452
90 196
March
90 122
90 383
89 537
April
89 775
90 395
88 800