Motivation: Our national source, the Mexican Association of the Automotive Industry (AMIA), reports retail sales of new light motor vehicles (vehiculos ligeros nuevos), but only in not seasonally adjusted (NSA) terms.
Response: For analytical consistency, we have created a counterpart at a seasonally adjusted annualized rate (SAAR).
Properties: Aside from the adjustment, properties are otherwise identical, i.e., figures are unitary count (#) and the series starts at January 2002. Expect our SA series to be revised with each update. Supplemental series of this kind are marked in their source metadata with a secondary citation of "Moody's Analytics Adjusted".
The series resides in the historical catalog (Mexico » Consumer » Motor vehicles » Retail by manufacturer » Monthly) and is:
- VHQSLNVLAM.IMEX = Retail Sales of Vehicles - Total, (#, SAAR)
Method: Adjust the series using the U.S. Census Bureau's X-13 ARIMA program.
See also
Keywords
AMIA, auto, automobile, auto sales, car, car sales, consumer sales, light vehicle, Mexican, Mexico, motor vehicle, new cars, trucks, vehicle sales
|