QTPA Member Alert | Sales of New Motor Vehicles, Australia, ABS May 2012 (19/6/2012)
Sales of New Motor Vehicles, Australia, ABS May 2012
Motor vehicle sales is usually used as a good indication of the status of the economy especially investment and availability of funds. The good news is that all eight states and territories have experienced an increase in the trend estimate for new motor vehicle sales when comparing May 2012 with April 2012
MAY KEY FIGURES
NSW | Vic. | Qld | SA | WA | Tas.(a) | NT(a) | ACT(a) | Aust. | |
Vehicle sales (no.) | |||||||||
Trend | 27 985 | 24 011 | 19 292 | 5 529 | 10 499 | 1 283 | 955 | 1 390 | 90 945 |
Seasonally Adjusted | 28 555 | 23 782 | 19 838 | 5 394 | 10 650 | 1 275 | 1 062 | 1 438 | 91 994 |
Change from previous month (%) | |||||||||
Trend | 0.9 | 0.7 | 1.1 | 0.1 | 1.3 | 1.3 | 2.9 | 1.1 | 0.9 |
Seasonally Adjusted | 2.9 | -0.4 | 5.4 | -1.7 | 2.9 | -3.2 | 25.1 | 4.7 | 2.4 |
Change from previous year (%) | |||||||||
Trend | 7.1 | 6.8 | 9.3 | 5.2 | 15.7 | -7.7 | 19.0 | 3.5 | 8.1 |
Seasonally Adjusted | 19.8 | 24.9 | 25.5 | 16.5 | 23.5 | -2.3 | 34.2 | 26.9 | 22.4 |
(a) Seasonally adjusted numbers of new motor vehicle sales in Tasmania, Northern Territory and Australian Capital Territory should be used with caution. For more information, see paragraph 7 of the Explanatory Notes. |
MAY KEY POINTS
TOTAL NEW MOTOR VEHICLE SALES
- The May 2012 trend estimate (90 945) has increased by 0.9% when compared with April 2012.
- Seasonally Adjusted – The May 2012 seasonally adjusted estimate for new motor vehicle sales (91 944) increased by 2.4% when compared with April 2012.
SALES BY TYPE OF VEHICLE
- When comparing national trend estimates for May 2012 with April 2012, sales of Passenger, Sports utility and Other vehicles have increased by 0.5%, 1.2% and 1.6% respectively.
- Seasonally Adjusted – When comparing seasonally adjusted estimates for May 2012 with April 2012, sales of Passenger, Sports utility and Other vehicles increased by 2.3%, 3.0% and 2.1% respectively.
SALES BY STATE
- All eight states and territories have experienced an increase in the trend estimate for new motor vehicle sales when comparing May 2012 with April 2012. The Northern Territory recorded the largest percentage increase (2.9%), followed by Western Australia (1.3%) and Tasmania (1.3%).
- In seasonally adjusted terms, sales of new motor vehicles increased in five of the eight states and territories when comparing May 2012 with April 2012. The Northern Territory recorded the largest percentage increase, with 25.1%, followed by the Queensland (5.4%) and The Australian Capital Territory (4.7%). Sales in the Tasmania decreased by 3.2% over the same period.
This issue presents details for the Sales of New Motor Vehicles for May 2012
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