Australia Company Gross Operating Profits q/q measures a change in the total profits of private companies 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 19,000 private companies in Australia. Companies with less than 20 employees are excluded from calculation.
The reading growth can have a positive effect on AUD quotes.
The chart of the entire available history of the "Australia Company Gross Operating Profits 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.