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.

Australia Business Inventories
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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 -0.22 -0.09 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.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.70 2.80 -2.80 1985 - 2018 percent Quarterly
SA




Country Last Previous
Australia 0.00 Sep/18
United States 0.60 Oct/18


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