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8501.0 - Retail Trade, Australia, Dec 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/02/2008   
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DECEMBER KEY FIGURES

Dec 07
Nov 07 to Dec 07
$m
% change

Turnover at current prices
Trend estimates
20 161.8
0.5
Seasonally adjusted estimates
20 171.0
0.5

Dec Qtr 07
Sep Qtr 07 to Dec Qtr 07
$m
% change

Turnover, in volume terms
Trend estimates
57 399.6
1.3
Seasonally adjusted estimates
57 586.1
1.6

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

Quarterly turnover, in volume terms - Trend estimates
Graph: Quarterly turnover, in volume terms—Trend estimates



DECEMBER KEY POINTS


TREND ESTIMATES

  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in December 2007. This follows an increase of 0.6% in November 2007 and 0.7% in October 2007.
  • All states and territories had an increase in the trend estimate, except the Australian Capital Territory (0.0%). The largest increases occurred in the Northern Territory (+1.1%), South Australia (+0.7%), New South Wales and Victoria (both +0.6%).


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in December 2007. This follows an increase of 0.8% in November 2007 and a revised increase of 0.2% in October 2007.
  • All states and territories had increases in the seasonally adjusted estimate, except the Australian Capital Territory (-0.5%) and Western Australia (-0.3%). The largest increases occurred in the Northern Territory (+2.6%) and South Australia (+1.3%).


ORIGINAL ESTIMATES
  • In original terms, Australian turnover increased by 22.1% in December 2007 compared with November 2007. Chains and other large retailers (which are completely enumerated) increased by 28.4%, while the estimate for 'smaller' retailers (the sampled units) increased by 13.4%.
  • Australian turnover increased by 7.6% in December 2007 compared with December 2006. Chains and other large retailers increased by 8.9%, while 'smaller' retailers rose by 5.7%.


VOLUME MEASURES
  • The trend volume measure of turnover increased by 1.3% in the December quarter 2007. This follows a 1.3% increase in the September quarter 2007. In seasonally adjusted terms, the volume measure increased by 1.6% in the December quarter 2007.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
January 2008 4 March 2008
February 2008 4 April 2008
March 2008 2 May 2008
April 2008 2 June 2008
May 2008 2 July 2008
June 2008 31 July 2008



CHANGES IN THIS ISSUE

Quarterly Chain Volume data are shown in Tables 14 and 15 of this issue.



SAMPLING ERRORS

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

Data Series
Estimate
Standard error

Level of retail turnover ($m)
25 633.2
186.2
Change from preceding month ($m)
4 635.5
101.6
% change from preceding month (%)
22.1
0.5


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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