9314.0 - Sales of New Motor Vehicles, Australia, April 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/05/2016   
   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 estimates 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 12 and 13.

The graph below presents the effect of two possible scenarios on the published trend estimates.

1 The May 2016 seasonally adjusted estimate of total vehicle sales is higher than the April 2016 seasonally adjusted estimate by 2.2%.

2 The May 2016 seasonally adjusted estimate of total vehicle sales is lower than the April 2016 seasonally adjusted estimate by 2.2%.

The percentage change of 2.2% was chosen because the average absolute percentage change over the last 10 years has been 2.2%.

Trend Sensitivity

Graph: New Motor Vehicle Sales - Trend Sensitivity


What if next month's seasonally adjusted estimate:
Trend as published
(1) Rises by 2.2%
(2) Falls by 2.2%
no.
no.
no.

2016
January
97 990
97 972
98 044
February
98 124
98 176
97 983
March
98 200
98 465
97 829
April
98 460
98 791
97 592