9314.0 - Sales of New Motor Vehicles, Australia, October 2016 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 16/11/2016   
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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 November 2016 seasonally adjusted estimate of total vehicle sales is higher than the October 2016 seasonally adjusted estimate by 2.2%.

2 The November 2016 seasonally adjusted estimate of total vehicle sales is lower than the October 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
July
98 200
98 175
98 248
August
98 503
98 566
98 373
September
98 744
98 937
98 299
October
98 997
99 269
98 066