Australia's business inventories edged up 0.1% qoq in Q4 of 2024, compared with market estimates of a flat reading. The latest result followed a downwardly revised 0.7% decline in Q3. Inventories grew at miners (0.6% vs -2.3% in Q3), retailers (0.5% vs -0.9%), accommodation & food services providers (1.0% vs -4.0%), wholesalers (0.2% vs -0.1%), and electricity providers (2.0% vs -2.0%). On the other hand, inventories fell further at manufacturers (-0.6% vs -0.4%). Through the year to December, business inventories expanded by 1.3%, picking up from an upwardly revised 0.2% gain in the previous period. source: Australian Bureau of Statistics
Business Inventories in Australia increased 0.10 percent in December of 2024 over the previous month. Business Inventories in Australia averaged 0.48 percent from 1985 until 2024, reaching an all time high of 3.50 percent in the third quarter of 2022 and a record low of -3.20 percent in the second quarter of 2020. This page provides - Australia Business Inventories- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Business Inventories - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.
Business Inventories in Australia increased 0.10 percent in December of 2024 over the previous month. Business Inventories in Australia is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Business Inventories is projected to trend around 0.50 percent in 2026 and 0.20 percent in 2027, according to our econometric models.