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8501.0 - Retail Trade, Australia, Aug 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/10/2007   
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AUGUST KEY FIGURES

Aug 07
Jul 07 to Aug 07
$m
% change

Turnover at current prices
Trend estimates
19 604.3
0.6
Seasonally adjusted estimates
19 683.7
0.7

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



AUGUST KEY POINTS


TREND ESTIMATES
  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.6% in August 2007. This follows revised increases of 0.6% in both July and June 2007.
  • In August 2007, all states and territories had an increase in the trend estimate. The largest increase occurred in Queensland (+1.1%).


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.7% in August 2007. This follows revised increases of 0.8% in July 2007 and 1.6% in June 2007.
  • All states and territories had increases in the seasonally adjusted estimate. The largest increases occurred in the Australian Capital Territory (+2.2%) and Tasmania (+1.3%).


ORIGINAL ESTIMATES
  • In original terms, Australian turnover increased by 2.1% in August 2007 compared with July 2007. Chains and other large retailers (which are completely enumerated) increased by 1.1%, while the estimate for 'smaller' retailers (the sampled units) increased by 3.5%.
  • Australian turnover increased by 8.3% in August 2007 compared with August 2006. Chains and other large retailers increased by 9.6%, while 'smaller' retailers increased by 6.7%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2007 1 November 2007
October 2007 4 December 2007
November 2007 9 January 2008
December 2007 5 February 2008
January 2008 4 March 2008
February 2008 4 April 2008



CHANGES IN THIS ISSUE

As indicated in the July issue, this issue contains revised data from July 2007 back to the beginning of the series. See the article on the next page for more detail.



CHAIN VOLUME MEASURES

As the current price estimates have been revised, the Chain Volume Measures have subsequently been revised. The revised data are in Tables 14 and 15.



SAMPLING ERRORS

Standard errors for the Australian estimates (original data) for August 2007 contained in this publication are:

Data Series
Estimate
Standard error

Level of retail turnover ($m)
19 425.1
140.2
Change from preceding month ($m)
404.6
76.3
% change from preceding month (%)
2.1
0.4


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 Graham Phillips on Canberra (02) 6252 5625.


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