Australia's business inventories rose by 0.7 percent quarter-on-quarter in the three months to March 2019, after an upwardly revised flat reading in the previous period. The latest reading compares with market estimates of no growth. Stocks increased in mining (2.3 percent vs -2.2 percent in Q4); manufacturing (1.4 percent vs -0.4 percent); and retailing (1.9 percent vs 0.7 percent). Meanwhile, inventories fell at electricity, gas, water & waste services providers (-11.5 percent vs 0.6 percent); accommodation and food services providers (-3.2 percent vs 9.3 percent), and wholesale traders (-0.6 percent vs 0.1 percent). Through the year to the first quarter, business inventories rose by 1.4 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 0.40 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 0.50 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
2018-09-03 01:30 AM Business Inventories QoQ Q2 0.6% 0.8% 0.3% 0.2%
2018-12-03 12:30 AM Business Inventories QoQ Q3 0% 0.7% 0.4% 0.5%
2019-03-04 12:30 AM Business Inventories QoQ Q4 -0.2% -0.1% 0.4% 0.3%
2019-06-03 01:30 AM Business Inventories QoQ Q1 0.7% 0.0% 0% 0.1%
2019-09-02 01:30 AM Business Inventories QoQ Q2 0.7% 0.2%
2019-12-02 12:30 AM Business Inventories QoQ Q3 0.4%


Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 2.00 21.00 -30.00 Index Points [+]
Services PMI 43.90 52.20 63.00 32.50 Index Points [+]
Manufacturing PMI 51.30 49.40 62.50 29.47 [+]
Industrial Production 1.20 3.00 12.60 -7.60 percent [+]
Industrial Production Mom 0.50 0.30 5.20 -7.10 percent [+]
Manufacturing Production -1.30 -0.50 8.60 -11.80 percent [+]
Capacity Utilization 80.89 82.06 84.62 78.24 percent [+]
New Orders 36.00 22.00 49.00 -37.00 Index Points [+]
Changes in Inventories 460.00 1048.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 708.00 772.00 1123.00 217.00 Companies [+]
Corporate Profits 93026.00 91428.00 93026.00 12032.00 AUD Million [+]
Total Vehicle Sales 117817.00 92561.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index 0.10 -0.07 0.54 -1.10 percent [+]
Small Business Sentiment 0.84 -4.92 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Industrial Sentiment 51.30 51.60 57.20 50.90 Index Points [+]
Private Investment -1.70 1.30 15.60 -8.60 percent [+]
Mining Production 3.20 6.80 25.20 -16.90 percent [+]
Steel Production 475.78 493.54 819.00 238.00 Thousand Tonnes [+]
Services Sentiment 49.20 52.30 58.40 48.70 Index Points [+]
Corruption Index 77.00 77.00 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 49.50 52.10 58.30 49.10 Index Points [+]
Business Inventories 0.70 0.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.00 2.80 -2.80 1985 - 2019 percent Quarterly
SA




Country Last Previous
Australia 0.70 Mar/19
United States 0.00 Jun/19


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