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AUD, Australian Dollar

Australia Business Inventories q/q

Country: Australia
Sector: Business
Low 0.2% -0.4%
-0.5% Revised from -0.4%
Last release Importance Actual Forecast
Previous
-0.1%
0.2%
Next release Actual Forecast
Previous

Australia Business Inventories q/q measures the total amount of goods (in monetary terms), stored in warehouses of retailers, wholesalers and manufacturers. The indicator rates the change of inventory values in the reported quarter compared to the previous one.

The indicator is calculated based on data collected by the Australian Bureau of Statistics from survey of 15,000 private companies in Australia.

A higher than expected increase in inventories may indicate a slowdown in sales and the economy downturn. On the other hand, a certain level of inventories needs to be kept for a healthy market. Therefore, both higher than expected values and much lower ones are seen as negative for the Australian dollar.

Chart

History

Export
Date (GMT)
Reference
Actual
Forecast
Previous
3 Q 2017
0.2%
-0.4%
-0.5% Revised from -0.4%
2 Q 2017
-0.4%
1.1% Revised from 1.2%
1 Q 2017
1.2%
0.3%
4 Q 2016
0.3%
0.9% Revised from 0.8%
3 Q 2016
0.8%
0.2% Revised from 0.3%
2 Q 2016
0.3%
-0.4% Revised from 0.4%
1 Q 2016
0.4%
-0.4%
4 Q 2015
-0.4%
0.1%
3 Q 2015
0.1%
0.2% Revised from 0.0%
2 Q 2015
0.0%
0.6% Revised from 0.4%
12