Australia Business Inventories

Australia's business inventories were unchanged in the September quarter of 2018, following an upwardly revised 0.7 percent increase in the previous period and missing market expectations of a 0.4 percent gain. A decrease in inventories at miners (-0.9 percent vs 1.8 percent in Q2), manufacturers (-0.4 percent vs 0.4 percent), electricity, gas, water & waste services (-2.4 percent vs 2.8 percent), wholesalers (-0.7 percent vs 0.6 percent), and accommodation & food services (-3.3 percent vs 0.5 percent), was offset by a rise in stocks at retailers (2.3 percent vs 0.8 percent). Through the year to the September quarter, business inventories grew 1.6 percent. Business Inventories in Australia averaged 0.53 percent from 1985 until 2018, reaching an all time high of 2.80 percent in the first quarter of 1999 and a record low of -2.80 percent in the third quarter of 1986.

Business Inventories in Australia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Inventories in Australia to stand at 0.40 in 12 months time. In the long-term, the Australia Business Inventories is projected to trend around 0.40 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-03-05	12:30 AM	Business Inventories QoQ	0.2%	0.1%	0.5%	0.40%
2018-06-04	01:30 AM	Business Inventories QoQ	0.7%	0.2%	0.1%	0.3%
2018-09-03	01:30 AM	Business Inventories QoQ	0.6%	0.8%	0.3%	0.2%
2018-12-03	12:30 AM	Business Inventories QoQ	0%	0.7%	0.4%	0.5%
2019-03-04	12:30 AM	Business Inventories QoQ		0%		0.3%
2019-06-04	01:30 AM	Business Inventories QoQ				0.6%
2019-09-03	01:30 AM	Business Inventories QoQ				0.2%

Australia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	3.00	5.00	21.00	-30.00	Index Points	[+]
Services PMI	52.10	55.10	63.00	39.00	Index Points	[+]
Manufacturing PMI	49.50	51.30	63.10	30.86		[+]
Industrial Production	2.80	4.30	12.60	-7.60	percent	[+]
Industrial Production Mom	-0.80	0.70	5.10	-7.00	percent	[+]
Manufacturing Production	-0.70	2.10	8.60	-11.80	percent	[+]
Capacity Utilization	82.15	81.84	84.67	78.24	percent	[+]
New Orders	34.00	31.00	49.00	-37.00	Index Points	[+]
Changes in Inventories	47.00	1223.00	4159.00	-3845.00	AUD Million	[+]
Bankruptcies	705.00	742.00	1123.00	217.00	Companies	[+]
Corporate Profits	90221.00	88576.00	90221.00	12032.00	AUD Million	[+]
Total Vehicle Sales	93860.00	90718.00	130300.00	48099.00		[+]
Car Registrations	14078.61	13815.11	14078.61	3990.94	Thousand	[+]
Leading Economic Index	-0.10	0.08	0.54	-1.10	percent	[+]
Small Business Sentiment	-4.01	1.54	18.71	-21.10		[+]
Internet Speed	11063.10	10098.33	11063.10	1922.87	KBps	[+]
IP Addresses	9859878.00	9310525.00	13859005.00	5227461.00	IP	[+]
Private Investment	-0.50	-0.90	15.60	-8.40	percent	[+]
Mining Production	6.10	6.30	25.20	-16.90	percent	[+]
Steel Production	420.47	440.55	819.00	238.00	Thousand Tonnes	[+]
Corruption Index	77.00	79.00	88.60	77.00	Points	[+]
Corruption Rank	13.00	13.00	13.00	7.00		[+]
Competitiveness Index	78.85	78.17	78.85	5.08	Points	[+]
Competitiveness Rank	14.00	15.00	22.00	14.00		[+]
Composite Pmi	52.40	52.90	58.30	52.00	Index Points	[+]
Business Inventories	0.00	0.70	2.80	-2.80	percent	[+]
Ease of Doing Business	18.00	14.00	18.00	9.00		[+]

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. . This page provides - Australia Business Inventories- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Business Inventories - actual data, historical chart and calendar of releases - was last updated on January of 2019.