The table shows quarterly data for household consumption expenditure in Australia for the period from March 2016

Question:

The table shows quarterly data for household consumption expenditure in Australia for the period from March 2016 to December 2019. Compute the seasonal indices and then use them to deseasonalise the data.

Household consumption
Quarter................................................... expenditure ($ millions)
Mar. 16 ................................................................ 175 572
June 16 ................................................................ 181 119
Sept. 16 ................................................................ 185 345
Dec. 16 ................................................................ 195 724
Mar. 17 ................................................................ 186 434
June 17 ................................................................ 191 547
Sept. 17 ................................................................ 196 142
Dec. 17 ................................................................ 205 567
Mar. 18 ................................................................ 196 002
June 18 ................................................................ 201 425
Sept. 18 ................................................................ 206 861
Dec. 18 ................................................................ 216 642
Mar. 19 ................................................................ 205 026
June 19 ................................................................ 210 605
Sept. 19 ................................................................ 216 790
Dec. 19 ................................................................ 227 954

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Quarter Household consumption expenditure millions 4period MA Centered MA TC Ratio to MA SI Mar16 17...View the full answer

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