9314.0 - Sales of New Motor Vehicles, Australia, May 2009 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 22/06/2009   
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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 June 2009 seasonally adjusted estimate of total vehicle sales is higher than the May 2009 seasonally adjusted estimate by 3.0%.

2 The June 2009 seasonally adjusted estimate of total vehicle sales is lower than the May 2009 seasonally adjusted estimate by 3.0%.

The percentage change of 3.0% was chosen because the average absolute percentage change over the last 10 years has been 3.0%. The percentage change has been reviewed and updated following the recent re-analysis of the time series.

Trend Sensitivity

Graph: New Motor Vehicle Sales - Trend Sensitivity


What if next month's seasonally adjusted estimate:
Trend as published
(1) Rises by 3.0%
(2) Falls by 3.0%
no.
no.
no.

2009
February
73 379
73 265
73 341
March
72 760
73 052
72 849
April
72 451
73 343
72 672
May
72 532
74 005
72 741