Australia Changes in Inventories - Forecast

Changes in Inventories in Australia is expected to be 451.33 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 475.22 in 12 months time. In the long-term, the Australia Changes in Inventories is projected to trend around 480.88 AUD Million in 2020, according to our econometric models.


Australia Changes in Inventories
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Australia Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 12 6 9 10 7 6
Services PMI 54.9 53 52.8 52 51.9 52.2
Manufacturing PMI 58.7 53 53.4 53 53.1 52
Industrial Production 3.6 3.84 3.47 2.73 2.15 2.14
Industrial Production Mom 1.4 0.53 0.31 0.4 0.53 0.53
Manufacturing Production 2.4 0.2 -0.5 -0.6 0.5 1
Capacity Utilization 82.67 82.28 82.15 82.04 81.94 81.28
New Orders 33 24.21 20.85 18.6 17.77 15.17
Changes in Inventories 506 451 445 473 475 481
Bankruptcies 534 595 611 619 625 651
Corporate Profits 79233 78508 78358 78253 68900 59900
Total Vehicle Sales 103743 101154 101131 100973 99100 101000
Car Production 1 6963 9088 11101 10700 12700
Car Registrations 14079 14123 14186 14250 14313 14958
Leading Economic Index -0.25 0.02 0.1 0.2 0.1 0.1
Small Business Sentiment 3.36 -0.5 1.11 0.42 0.03 1.26
Internet Speed 11063 12322 12490 12505 12519 11211
IP Addresses 9859878 9404654 9311370 9192759 9065898 8816418
Private Investment 1 1.28 1.3 1.34 1.36 1.42
Mining Production 5.9 1.2 1.1 0.9 1.2 4
Steel Production 472 490 503 514 523 567
Competitiveness Index 5.19 5.21 5.21 5.21 5.21 5.25
Competitiveness Rank 21 23 23 22 23 25
Composite Pmi 54.2 55.07 55.2 55.19 55.19 55.19
Business Inventories 0.2 0.38 0.4 0.5 0.48 0.4
Corruption Index 79 80 80 80 80 84
Corruption Rank 13 12 12 12 12 8
Ease of Doing Business 14 16 16 16 16 17