Australia's business inventories unexpectedly declined by 1.9 percent quarter-on-quarter in the September quarter of 2021, compared with market forecasts of a flat reading and after an upwardly revised 0.3 percent growth in the prior period. There were falls in inventories at miners (-0.5 percent vs 0.6 percent in Q2), manufacturers (-1.3 percent vs 0.1 percent), and wholesalers (-4.4 percent vs 0.2 percent), while inventories at accommodation and food service providers moderated sharply (2.5 percent vs 5.5 percent). Meantime, inventories accelerated at both retailers (0.8 percent vs 0.4 percent), and electricity, gas, water & waste service providers (5.9 percent vs 3.6 percent). Through the year to the third quarter, inventories grew by 0.7 percent, slowing from a 2.4 percent increase in the June quarter. source: Australian Bureau of Statistics

Business Inventories in Australia averaged 0.46 percent from 1985 until 2021, reaching an all time high of 2.90 percent in the first quarter of 1999 and a record low of -2.80 percent in the third quarter of 1986. This page provides - Australia Business Inventories- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Business Inventories - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Business Inventories in Australia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Business Inventories is projected to trend around 0.30 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Australia Business Inventories


Australia Business Inventories
Business Inventories in Australia measure the quarterly percentage changes in inventories from manufacturers, retailers, and wholesalers. Inventories are a key component of gross domestic product. .
Actual Previous Highest Lowest Dates Unit Frequency
-1.90 0.30 2.90 -2.90 1985 - 2021 percent Quarterly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-08-30 01:30 AM Q2 0.2% 2.4% 1.3% 1.1%
2021-11-29 12:30 AM Q3 -1.9% 0.3% 0% 0.1%
2022-02-28 12:30 AM Q4 -1.9%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 1.10 percent Jun/21
Industrial Production 0.80 -1.70 percent Jun/21
Manufacturing Production 9.50 -0.60 percent Jun/21
Changes in Inventories -3532.00 3313.00 AUD Million Sep/21
Corporate Profits 122960.00 118239.00 AUD Million Sep/21
Business Inventories -1.90 0.30 percent Sep/21
Private Investment -2.20 3.40 percent Sep/21
Mining Production -4.10 -2.40 percent Jun/21


News Stream
Australia Q3 Business Inventories Unexpectedly Fall
Australia's business inventories unexpectedly declined by 1.9 percent quarter-on-quarter in the September quarter of 2021, compared with market forecasts of a flat reading and after an upwardly revised 0.3 percent growth in the prior period. This was the first drop in a year, amid falls in inventories at miners (-0.5 percent vs 0.6 percent in Q2), manufacturers (-1.3 percent vs 0.1 percent), and wholesalers (-4.4 percent vs 0.2 percent), and a sharp moderation in inventories at the accommodation and food service providers (2.5 percent vs 5.5 percent). Meantime, inventories accelerated at both retailers (0.8 percent vs 0.4 percent), and electricity, gas, water & waste service providers (5.9 percent vs 3.6 percent). Through the year to the third quarter, inventories grew by 0.7 percent, slowing from a 2.4 percent increase in the June quarter.
2021-11-29
Australia Business Inventories Rise Less than Estimated
Australia's business inventories rose by 0.2 percent quarter-on-quarter in the second quarter of 2021, missing market estimates of 1.3 percent and much softer than an upwardly revised 2.4 percent gain in the March quarter. Inventories slowed sharply at retailers (0.6 percent vs 7 percent in Q1), while fell at both manufacturers (-0.1 percent vs -0.1 percent) and wholesalers (-0.7 percent vs 4 percent). In contrast, inventories picked up at accommodation and food service providers (10.5 percent vs 3.7 percent), amid a rebound at both miners (1.9 percent vs -5.2 percent), and electricity, gas, water & waste service providers (4.2 percent vs -1 percent). Through the year to June quarter, inventories increased 2.4 percent, rising for the first time in nine quarters, after a 0.7 percent fall in the prior quarter.
2021-08-30
Australia Q1 Business Inventories Rise the Most Since 2007
Australia's business inventories rose by 2.1 percent quarter-on-quarter in the first quarter of 2021, far above market estimates of a 0.2 percent gain and after a revised 0.1 percent fall in the fourth quarter, pointing to the fastest gain since the September quarter of 2007. Inventories rebounded at both retailers (6.6 percent vs -0.9 percent in Q4), and accommodation and food service providers (2.6 percent vs -12.7 percent), while rose further at wholesalers (3.9 percent vs 4.4 percent). In contrast, inventories continued to fall at miners (-5.3 percent vs -3.4 percent), manufacturers (-0.4 percent vs -3.1 percent), and electricity, gas, water & waste service providers (-1.3 percent vs -2.5 percent). Through the year to March quarter, inventories fell 0.9 percent.
2021-06-01