Australia Business Inventories q/q measures the total amount of goods (in monetary terms), stored in warehouses of retailers, wholesalers and manufacturers. The indicator reflects 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.
The chart of the entire available history of the "Australia Business Inventories q/q" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.