9314.0 - Sales of New Motor Vehicles, Australia, Feb 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 16/03/2015   
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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 March 2015 seasonally adjusted estimate of total vehicle sales is higher than the February 2015 seasonally adjusted estimate by 2.2%.

2 The March 2015 seasonally adjusted estimate of total vehicle sales is lower than the February 2015 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.

2014
November
92 862
92 813
92 883
December
93 010
93 146
92 960
2015
January
93 213
93 607
92 994
February
93 432
94 142
92 987