9314.0 - Sales of New Motor Vehicles, Australia, Aug 2008 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 22/09/2008   
   Page tools: Print Print Page Print all pages in this productPrint All

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

2 The September 2008 seasonally adjusted estimate of total vehicle sales is lower than the August 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
May
87 556
87 552
87 640
June
86 289
86 321
86 087
July
84 968
85 089
84 317
August
83 798
83 978
82 522