The stocks of goods held by firms in Australia decreased by 909 AUD Million in the first quarter of 2020.
Changes in Inventories in Australia averaged 475.52 AUD Million from 1974 until 2020, reaching an all time high of 4265 AUD Million in the first quarter of 2005 and a record low of -3885 AUD Million in the fourth quarter of 2008. This page provides - Australia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Changes in Inventories - values, historical data and charts - was last updated on July of 2020. source: Australian Bureau of Statistics
Changes in Inventories in Australia is expected to be 558.60 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Australia to stand at 504.22 in 12 months time. In the long-term, the Australia Changes in Inventories is projected to trend around 472.04 AUD Million in 2021 and 466.18 AUD Million in 2022, according to our econometric models.