Australia's business inventories rose by 3.2 percent quarter-on-quarter in the March quarter of 2022, surpassing market consensus of a 0.1 percent growth and after an upwardly revised 1.5 percent gain in the prior period. The latest reading marked the steepest growth on record, with inventories growing at manufacturers (3.6 percent vs 1.7 percent in Q4), wholesaler (3.0 percent vs 5.1 percent), accommodation & food services providers (6.2 percent vs -1.1 percent), and retailers (7.1 percent vs -2.1 percent). In contrast, inventories dropped further both at miners (-3.5 percent vs -2.1 percent), electricity, gas, water & waste service providers (-6.7 percent vs -5.8 percent). Through the year to the first quarter, inventories grew by 3.0 percent in the first quarter, accelerating from a a 2.2 percent gain in the fourth quarter. source: Australian Bureau of Statistics

Business Inventories in Australia averaged 0.48 percent from 1985 until 2022, reaching an all time high of 3.20 percent in the first quarter of 2022 and a record low of -2.90 percent in the second quarter of 2020. 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 June 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 2023 and 0.40 percent in 2024, according to our econometric models.

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Australia Business Inventories



Calendar GMT Actual Previous Consensus TEForecast
2022-02-28 12:30 AM Q4 1.1% -1.7% 0% -0.2%
2022-05-31 01:30 AM Q1 3.2% 1.5% 1% 0.7%
2022-09-05 01:30 AM Q2


Related Last Previous Unit Reference
Industrial Production 0.21 1.39 percent Mar 2022
Industrial Production Mom -0.20 1.10 percent Jun 2021
Manufacturing Production 3.38 4.43 percent Mar 2022
Changes in Inventories 7464.00 1502.00 AUD Million Mar 2022
Corporate Profits 140380.00 127398.00 AUD Million Mar 2022
Private Investment -0.30 2.30 percent Mar 2022
Mining Production -3.08 -0.61 percent Mar 2022
Business Inventories 3.20 1.50 percent Mar 2022

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
3.20 1.50 3.20 -3.10 1985 - 2022 percent Quarterly
SA

News Stream
Australia Business Inventories Grow at Record Pace in Q1
Australia's business inventories rose by 3.2 percent quarter-on-quarter in the March quarter of 2022, surpassing market consensus of a 0.1 percent growth and after an upwardly revised 1.5 percent gain in the prior period. The latest reading marked the steepest growth on record, with inventories growing at manufacturers (3.6 percent vs 1.7 percent in Q4), wholesaler (3.0 percent vs 5.1 percent), accommodation & food services providers (6.2 percent vs -1.1 percent), and retailers (7.1 percent vs -2.1 percent). In contrast, inventories dropped further both at miners (-3.5 percent vs -2.1 percent), electricity, gas, water & waste service providers (-6.7 percent vs -5.8 percent). Through the year to the first quarter, inventories grew by 3.0 percent in the first quarter, accelerating from a a 2.2 percent gain in the fourth quarter.
2022-05-31
Australia Q4 Business Inventories Unexpectedly Rise
Australia's business inventories unexpectedly rose by 1.1 percent quarter-on-quarter in the December quarter of 2021, compared with market consensus of a flat reading and after a downwardly revised 1.7 percent drop in the prior period. The latest reading marked the steepest growth in three quarters, with inventories growing at manufacturers (1 percent vs -0.7 percent in Q3), wholesaler (4.5 percent vs -4.4 percent), and accommodation & food services providers (1.8 percent vs 4 percent). In contrast, inventories dropped at miners (-1.4 percent vs -0.1 percent), electricity, gas, water & waste service providers (-4.9 percent vs 4.6 percent), and retailers (-2.3 percent vs 0.8 percent). Through the year to the fourth quarter, inventories grew by 2.2 percent, accelerating from a 0.6 percent rise in the September quarter.
2022-02-28
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