
Tracks automobile sales in Australia . Though motor vehicle sales are a small component of the overall economy, expenditures of such "big-ticket" items give good insight into consumer's spending ability. Additionally, the figure gauges consumer confidence; consumers and businesses are only likely to make the outlays needed for motor vehicles if they are optimistic about their current and future economic well being.
The figure is reported both as number of new automobile sales and as monthly percentage change.
Relevance :
Moderate market impact
Release schedule : 1:30 (GMT); monthly, on approximately the 20 th of the following month
Source of report : Australian Bureau of Statistics
Web Address : http://www.abs.gov.au/
Address of release : http://www.abs.gov.au/ausstats/abs@.nsf/mf/9314.0
AKA: Sales of New Motor Vehicles, Australia
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