ANALYSIS
TOTAL RETAIL
The chart below shows the trend series, to November 2008, and seasonally adjusted series, to January 2009.
As the seasonally adjusted series (except for the completely enumerated total series) are currently estimated using forward seasonal factors based on data to the June 2008 reference month, the seasonal adjustment factors have not been influenced by spending associated with the stimulus package.
In current price seasonally adjusted terms, Australian turnover increased by 0.2% in January 2009 with the level of turnover remaining above the level of the trend at November 2008.
RETAIL TURNOVER(a), Australia
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