Graph 1: Value Indexes of Total Retail Sales

Value index

Value index

130

130

120

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Value Index

Seasonally adjusted value index

Trend

110

100

MA

90

120

110

100

90

0

Sep 84

Dec Mar Jun

Sep

Dec Mar Jun

85

Sep 86

Dec Mar

Jun

87

Volume index

Graph 2: Volume Indexes of Total Retail Sales

130

Volume index

Seasonally adjusted volume index

Trend

120

110

100

A

90

0

Volume index

130

Sep 84

Dec

Mar Jun

Sep Dec Mar Jun Sep Dec Mar Jun

85

86

87

Notes: (1) Monthly average of Oct 84 Sept 85 = 100

(2) The seasonally adjusted value and volume indexes and Henderson trends are complied using

the X-11 varlant seasonal adjustment program of the US Bureau of the Census.

0

/5

120

110

100

90

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