Company Operating Profit for the October to December quarter

Inventory data on a separate post

Yes, up 20.1% q/q, not a typo

  • Up 26.2% y/y
  • Mining company profits are up (big time) with surging commodity prices ... volumes are not up anywhere near as much
  • ps. Excluding mining profits up 8.7%, which is not to be sneezed at
  • 'Trend' data +9.3% q/q, +20.0% y/y

As part of this data release is 'Wages and salaries' for Q4

  • Down 0.5% q/q
  • Up 1% y/y