9314.0 - Sales of New Motor Vehicles, Australia, May 2008 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/06/2008   
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14/07/2008 Note: The Y-axis, legend labels and title have changed for the Trend Sensitivity graph.

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

2 The June 2008 seasonally adjusted estimate of total vehicle sales is lower than the May 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
February
90 192
90 180
90 275
March
89 692
89 746
89 494
April
89 158
89 413
88 580
May
88 603
89 203
87 634