The stocks of goods held by firms in Australia decreased by 941 AUD Million in the third quarter of 2019. Australia Changes in Inventories - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Changes in Inventories in Australia averaged 491.98 AUD Million from 1974 until 2019, reaching an all time high of 4265 AUD Million in the first quarter of 2005 and a record low of -3885 AUD Million in the fourth quarter of 2008. This page provides - Australia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics

Changes in Inventories in Australia is expected to be 558.60 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 504.22 in 12 months time. In the long-term, the Australia Changes in Inventories is projected to trend around 472.04 AUD Million in 2021 and 466.18 AUD Million in 2022, according to our econometric models.

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Australia Changes in Inventories

Actual Previous Highest Lowest Dates Unit Frequency
-941.00 -1366.00 4265.00 -3885.00 1974 - 2019 AUD Million Quarterly
Constant Prices 2016-2017, SA

Australia Changes in Inventories
In Australia, changes in inventories are often a leading indicator for the overall performance of the economy.