Inventory is an input to the GDP data ... a negative contribution for the quarter.
Other data:
Company Operating Profit for Q2 +15.0% q/q (yes, not a typo ... massive beat)
- expected -6.5% q/q, prior 1.1%
Its no surprise that the data for April - June is so poor, shut down impacts weighed heavily and they are still impacting in the countiry's second most populous state of Victoria.
