9314.0 - Sales of New Motor Vehicles, Australia, Jul 2014 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 18/08/2014   
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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 August 2014 seasonally adjusted estimate of total vehicle sales is higher than the July 2014 seasonally adjusted estimate by 2.2%.

2 The August 2014 seasonally adjusted estimate of total vehicle sales is lower than the July 2014 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
April
92 687
92 644
92 713
May
92 903
93 027
92 842
June
93 197
93 566
92 957
July
93 654
94 133
92 987