Breaking News

Australia Business Inventories MoM

Latest Release

Sep 02, 2024

Actual

0.1%

Forecast

-0.5%

1.5%

Total business inventories are defined as the amount of goods kept by retailers, wholesalers and manufacturers in the stockrooms. Too much inventories can cause economic downturn. However, a certain level is necessary to be able to continue production and sell goods. A lower than expected number should be taken as positive to the AUD, while a higher than expected number as negative.

Importance:

Country:

Currency: AUD

Source: Australian Statistician

Release Date	Time	Actual	Forecast	Previous
Dec 02, 2024 (Q3)	11:30		-0.2%	0.1%
Sep 02, 2024 (Q2)	12:30	0.1%	-0.5%	1.5%
Jun 04, 2024 (Q1)	12:30	1.3%		-1.6%
Mar 04, 2024 (Q4)	11:30	-1.7%	0.0%	1.2%
Dec 04, 2023 (Q3)	11:30	1.2%	-0.6%	-1.3%
Sep 04, 2023 (Q2)	12:30	-1.9%	0.4%	1.2%

News

Australia workers earn income boost amid hiring rush By Reuters - Dec 04, 2017

By Wayne Cole SYDNEY, Dec 4 (Reuters) - Australian companies paid out more in wages last quarter as they snapped up more workers, providing a welcome lift to household incomes and spending power even...

Corporate Australia raises wages in Q2, but inventories a drag By Reuters - Sep 04, 2017

* Wages up 1.2 pct in Q2 - biggest rise in 2 years * Gross company profits down 4.5 pct vs +6 pct in Q1 * Inventories down 0.4 pct, seen dragging on GDP growth * Economists see Q2 GDP growth of 0.8...

Forex - Dollar weaker in Asia after NKorea nuclear test, euro gains By Investing.com - Sep 04, 2017

Investing.com - The dollar held weaker in Asia on Monday as North Korea at the weekend claimed it tested a hydrogen bomb, drastically raising tensions with South Korea, Japan and the United States and...

Analysis

Next Week At A Glance – Nov 29-Dec 3, 2021 By Greg Peel - Nov 26, 2021

By Greg PeelTonight will see a half-hearted half session on Wall Street with only a few skeletons in attendance, while most will enjoy the four-day break. It’s back to business on Monday, which...

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