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CURRENT PRICE ESTIMATES
NOTES FORTHCOMING ISSUES
CHANGES IN THIS ISSUE A new base year, 200405, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been rereferenced to 200405, thereby preserving additivity in the quarters after the reference year. Rereferencing affects the levels of, but not the movements in, chain volume estimates.
In volume terms, the trend estimate for total inventories remained relatively unchanged this quarter. The seasonally adjusted estimate decreased 0.7% this quarter, the first decrease following five consecutive quarters of growth. MINING In current prices, the trend estimate for company gross operating profits increased 7.4%, the growth rate falling slightly in comparison to the strong growth rates of the previous nine quarters. The seasonally adjusted estimate increased 7.5% following a strong increase of 10.1% in the previous quarter. The trend estimate for wages and salaries increased 4.3% this quarter. The seasonally adjusted estimate increased 1.3% following a strong increase in the previous quarter. In volume terms, the trend estimate for sales of goods and services increased 1.9% this quarter. The seasonally adjusted estimate increased 3.3%, the rate of growth increasing in comparision to the previous four quarters. The trend estimate for inventories decreased 0.3% this quarter. The seasonally adjusted estimate decreased 6.5% this quarter following two quarters of strong growth. MANUFACTURING In current price terms, the trend estimate for company gross operating profits decreased 0.1% this quarter, the third consecutive quarter of little change. The seasonally adjusted estimate increased 2.6% this quarter following two quarters of decreases. The trend estimate for wages and salaries increased 0.6% this quarter. The seasonally adjusted estimate increased 1.1% this quarter. In volume terms, the trend estimate for sales of goods and services decreased 0.7% this quarter, following similar falls in the previous two quarters. The seasonally adjusted estimate decreased 1.2% this quarter, the third consecutive quarter of falls. The trend estimate for inventories decreased 1.5% this quarter, the ninth consecutive quarter of decline. The seasonally adjusted estimate also decreased 1.5% this quarter, and follows similar declines in December quarter 2005 and March quarter 2006. CONSTRUCTION In current prices, the trend estimate for company gross operating profits decreased 1.7% this quarter. The seasonally adjusted estimate fell 1.4% this quarter, the second consecutive quarter of falls. The trend estimate for wages and salaries increased 1.6% this quarter. The seasonally adjusted estimate increased 1.5%, the growth rate increasing compared to the previous quarter. In volume terms, the trend estimate for sales of goods and services has weakened, decreasing 0.3% this quarter. The seasonally adjusted estimate fell 0.3%, the second consecutive quarter of decreases. WHOLESALE TRADE In current prices, the trend estimate for company gross operating profits increased 0.6% this quarter. The seasonally adjusted estimate increased 2.3% following a decrease of 1.5% in the previous quarter. The trend estimate for wages and salaries increased 0.7% this quarter. The seasonally adjusted estimate fell 0.9% following a rise of 2.3% in the previous quarter. In volume terms, the trend estimate for sales of goods and services increased 0.4% this quarter. The seasonally adjusted estimate decreased 1.3% following two consecutive quarters of increases. The trend estimate for inventories increased 1.7%, the eighth consecutive quarter of similar growth. The seasonally adjusted estimate increased 0.6%, the growth rate falling slightly in comparision to the previous two quarters. RETAIL TRADE In current prices, the trend estimate for company gross operating profits fell 3.6% this quarter. The seasonally adjusted estimate increased 0.7% this quarter following two consecutive quarters of falls. The trend estimate for wages and salaries increased 0.5% this quarter. The seasonally adjusted estimate increased 0.7% this quarter. In volume terms, the trend estimate for sales of goods and services decreased 0.2% this quarter. The seasonally adjusted estimate fell 0.5%, the second consecutive quarter of small decreases. The trend estimate for inventories increased 0.2% this quarter. The seasonally adjusted estimate decreased by 0.5% this quarter. TRANSPORT AND STORAGE In current prices, the trend estimate for company gross operating profits has strengthened increasing 1.5% this quarter. The seasonally adjusted estimate increased 3.2%, the second consecutive quarter of similar growth. The trend estimate for wages and salaries increased 2.6% this quarter. The seasonally adjusted estimate increased 2.8% this quarter following a similar rate of growth in the previous quarter. In volume terms, the trend estimate for sales of goods and services increased 1.2% this quarter. The seasonally adjusted estimate increased 1.4% this quarter, the second consecutive quarter of positive growth. PROPERTY AND BUSINESS SERVICES In current prices, the trend estimate for company gross operating profits decreased 3.9% this quarter. The seasonally adjusted estimate increased 8.9% this quarter following a large fall of 15.1% in the previous quarter. The trend estimate for wages and salaries increased 1.6% this quarter. The seasonally adjusted estimate increased 0.8%, the growth rate falling in comparison to recent quarters. In volume terms, the trend estimate for sales of goods and services increased 0.4% this quarter. The seasonally adjusted estimate increased 0.8% this quarter following a small fall in the previous quarter. Document Selection These documents will be presented in a new window.
