Australian business inventories for the October - December 2022 quarter come in at % q/q

  • Expected -0.2%, prior +1.7%

Business inventories measure the quarterly change in inventories from manufacturers, retailers, and wholesalers. The number is an input into the gross domestic product data due Wednesday this week.


Data also published for the December quarter 2022:

Company operating profits: +10.6%

  • Expected +1.8%, prior -12.4%
Australian state governments (NSW excluded) are trigger happy when it comes to lockdowns so who know