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8501.0 - Retail Trade, Australia, Jul 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/08/2007   
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JULY KEY FIGURES

Jul 07
Jun 07 to Jul 07
$m
% change

Turnover at current prices
Trend estimates
19 292.1
0.5
Seasonally adjusted estimates
19 400.1
0.9

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



JULY KEY POINTS


TREND ESTIMATES
  • The trend estimate of turnover for the Australian Retail and Hospitality/Services series increased by 0.5% in July 2007. This follows revised increases of 0.5% in both June 2007 and May 2007.
  • In July 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 0.9% in July 2007. This follows a revised increase of 1.5% in June 2007 and a revised decrease of 0.2% in May 2007.
  • All states and territories had increases in the seasonally adjusted estimate, except South Australia which was flat, and the Australian Capital Territory (-1.3%). The largest increase occurred in New South Wales (+1.7%).


ORIGINAL ESTIMATES
  • In original terms, Australian turnover increased by 1.7% in July 2007 compared with June 2007. Chains and other large retailers (which are completely enumerated) increased by 0.7%, while the estimate for 'smaller' retailers (the sampled units) increased by 3.2%.
  • Australian turnover increased by 7.2% in July 2007 compared with July 2006. Chains and other large retailers increased by 6.8%, while 'smaller' retailers increased by 7.9%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2007 3 October 2007
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



CHANGES IN THIS ISSUE

The seasonally adjusted and trend series have been updated following the normal annual review of the seasonal adjustment process. There may be revisions to historical series.



CHANGES IN NEXT ISSUE

The next issue of Retail Trade, Australia (cat.no. 8501.0, August 2007) will introduce some changes to the survey design. While these changes will improve the efficiency and accuracy of the survey, they will impact the level estimates released for earlier time series. To determine the size of the change in level, the survey for July 2007 was conducted under both the old and new designs. Any significant shift in level will be smoothed into the series back to April 1982 to remove, as far as possible, any impact on movement statistics across the time series. The changes will be discussed in more detail in the August issue of Retail Trade, Australia.



SAMPLING ERRORS

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

Data Series
Estimate
Standard error

Level of retail turnover ($m)
18 893.0
138.7
Change from preceding month ($m)
321.4
67.0
% change from preceding month (%)
1.7
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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