The innovative quarterly market indicator for Australia’s retail trade – called the AFGC CHEP Retail Index was unveiled by CHEP Australia’s General Manager Phillip Austin at AFGC’s annual Highlands 2011 Senior Executive Forum in the Yarra Valley, Victoria. Using analysis by Deloitte Analytics and commentary from AFGC, which represents Australia’s $108 billion food and grocery manufacturing sector, the AFGC CHEP Retail Index offers a new insight into the performance of Australia’s retail market. It uses an accurate forward indicator of retail trade sales published ahead of official Australian Bureau of Statistics (ABS) historical data. The economic indicator is based on significant, robust data that includes 10 million data points based on CHEP Australia pallet movements – associated with 10,000 customer accounts – and applying advanced analytics. The methodology also identifies and uses historical relationships between existing retail trade figures and CHEP Australia’s activity metrics. This methodology has been tested by Deloitte over the past two years, and has shown a significant correlation with the retail trade figure three months ahead. The model has also been retrofitted over the past seven years and has proven to be viable and credible. The AFGC CHEP Retail Index will be published quarterly.
AFGC CHEP Retail Index
Edition 1 - May 2011 Edition 2 - July 2011 Edition 3 - October 2011 Edition 4 - January 2012 - Edition 5 - April 2012
Read the Media Releases
Edition 1 - May 2011
Edition 2 -July 2011
Edition 3 - October 2011
Edition 4 - January 2012
Edition 5 - April 2012
Learn more about the AFGC Chep Retail Index in our Fact Sheet and Backgrounder.
Latest pictures from the AFGC CHEP Retail Index Launch - Highlands 2011 
  
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