Australia's business inventories rose by 0.2 percent quarter-on-quarter in the second quarter of 2021, missing market estimates of 1.3 percent and much softer than an upwardly revised 2.4 percent gain in the March quarter. Inventories slowed sharply at retailers (0.6 percent vs 7 percent in Q1), while fell at both manufacturers (-0.1 percent vs -0.1 percent) and wholesalers (-0.7 percent vs 4 percent). In contrast, inventories picked up at accommodation and food service providers (10.5 percent vs 3.7 percent), amid a rebound at both miners (1.9 percent vs -5.2 percent), and electricity, gas, water & waste service providers (4.2 percent vs -1 percent). Through the year to June quarter, inventories increased 2.4 percent, rising for the first time in nine quarters, after a 0.7 percent fall in the prior quarter. source: Australian Bureau of Statistics

Business Inventories in Australia averaged 0.47 percent from 1985 until 2021, reaching an all time high of 2.90 percent in the first quarter of 1999 and a record low of -2.80 percent in the third quarter of 1986. 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 November of 2021.

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 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Australia Business Inventories


Calendar GMT Actual Previous Consensus TEForecast
2021-06-01 01:30 AM Q1 2.1% -0.1% 0.2% 0.3%
2021-08-30 01:30 AM Q2 0.2% 2.4% 1.3% 1.1%
2021-11-29 12:30 AM Q3 0.2% 0% 0.1%


Related Last Previous Unit Reference
Industrial Production Mom -0.20 1.10 percent Jun/21
Industrial Production 0.80 -1.70 percent Jun/21
Manufacturing Production 9.50 -0.60 percent Jun/21
Changes in Inventories 2529.00 3339.00 AUD Million Jun/21
Corporate Profits 118299.00 110452.00 AUD Million Jun/21
Private Investment -2.20 3.40 percent Sep/21
Mining Production -4.10 -2.40 percent Jun/21
Business Inventories 0.20 2.40 percent Jun/21

News Stream
Australia Business Inventories Rise Less than Estimated
Australia's business inventories rose by 0.2 percent quarter-on-quarter in the second quarter of 2021, missing market estimates of 1.3 percent and much softer than an upwardly revised 2.4 percent gain in the March quarter. Inventories slowed sharply at retailers (0.6 percent vs 7 percent in Q1), while fell at both manufacturers (-0.1 percent vs -0.1 percent) and wholesalers (-0.7 percent vs 4 percent). In contrast, inventories picked up at accommodation and food service providers (10.5 percent vs 3.7 percent), amid a rebound at both miners (1.9 percent vs -5.2 percent), and electricity, gas, water & waste service providers (4.2 percent vs -1 percent). Through the year to June quarter, inventories increased 2.4 percent, rising for the first time in nine quarters, after a 0.7 percent fall in the prior quarter.
2021-08-30
Australia Q1 Business Inventories Rise the Most Since 2007
Australia's business inventories rose by 2.1 percent quarter-on-quarter in the first quarter of 2021, far above market estimates of a 0.2 percent gain and after a revised 0.1 percent fall in the fourth quarter, pointing to the fastest gain since the September quarter of 2007. Inventories rebounded at both retailers (6.6 percent vs -0.9 percent in Q4), and accommodation and food service providers (2.6 percent vs -12.7 percent), while rose further at wholesalers (3.9 percent vs 4.4 percent). In contrast, inventories continued to fall at miners (-5.3 percent vs -3.4 percent), manufacturers (-0.4 percent vs -3.1 percent), and electricity, gas, water & waste service providers (-1.3 percent vs -2.5 percent). Through the year to March quarter, inventories fell 0.9 percent.
2021-06-01
Australia Business Inventories Unchanged in Q4
Australia's business inventories were unchanged in the October-December 2020 period, following a downwardly revised 0.3 percent drop in the previous quarter and missing market expectations of a 0.2 percent rise. Inventories were up at wholesalers (5.0 percent vs -1.7 percent in Q3), but declined at miners (-2.9 percent vs -1.3 percent), manufacturers (-3.2 percent vs 1.9 percent), electricity, gas, water & waste service providers (-2.9 percent vs -3.2 percent), retailers (-1.4 percent vs -0.2 percent), and accommodation and food service providers (-12.1 percent vs 12.5 percent). Through the year to the fourth quarter, business inventories fell by 4.6 percent.
2021-03-01

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. .