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Australia Business Inventories

Price

1.2 %
Change +/-
+0 %
Percentage Change
+0 %

The current value of the Business Inventories in Australia is 1.2 %. The Business Inventories in Australia decreased to 1.2 % on 9/1/2023, after it was 1.2 % on 3/1/2023. From 12/1/1985 to 3/1/2024, the average GDP in Australia was 0.49 %. The all-time high was reached on 9/1/2022 with 3.2 %, while the lowest value was recorded on 6/1/2020 with -3.2 %.

Source: Australian Bureau of Statistics

Business Inventories

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Business Inventories

Business Inventories History

DateValue
9/1/20231.2 %
3/1/20231.2 %
12/1/20220.2 %
9/1/20223.2 %
6/1/20220.6 %
3/1/20222.8 %
12/1/20211.5 %
6/1/20210.4 %
3/1/20212.3 %
12/1/20200.2 %
1
2
3
4
5
...
11

Similar Macro Indicators to Business Inventories

NameCurrentPreviousFrequency
🇦🇺
Bankruptcies
1,060 Companies1,249 CompaniesMonthly
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Business Climate
-3 points1 pointsMonthly
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Business Services Industry Index
3.9 points-0.6 pointsMonthly
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Capacity Utilization
83.5 %83.3 %Monthly
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Capital expenditures for property, plant, and equipment
3.3 %0.4 %Quarter
🇦🇺
Capital Expenditures on Construction
-0.9 %1.3 %Quarter
🇦🇺
Changes in Inventory Levels
2.244 B AUD-2.221 B AUDQuarter
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Composite Leading Indicator
99.403 points99.032 pointsMonthly
🇦🇺
Composite PMI
50.7 points52.1 pointsMonthly
🇦🇺
Construction Industry Index
-23.2 points-68.1 pointsMonthly
🇦🇺
Corporate profits
137.393 B AUD140.901 B AUDQuarter
🇦🇺
Industrial production
0.5 %0.3 %Quarter
🇦🇺
Industrial Production MoM
-5.1 %0.4 %Quarter
🇦🇺
Industry Index
-20.7 points-25.6 pointsMonthly
🇦🇺
Leading Indicator
-0.01 %-0.03 %Monthly
🇦🇺
Manufacturing Industry Index
-26.5 points-31.1 pointsMonthly
🇦🇺
Manufacturing PMI
47.2 points49.7 pointsMonthly
🇦🇺
Manufacturing Production
-0.1 %0.8 %Quarter
🇦🇺
Mining Production
0.5 %-0.5 %Quarter
🇦🇺
New Orders
13 points9 pointsQuarter
🇦🇺
Private Investments
1 %0.9 %Quarter
🇦🇺
Services PMI
51.2 points52.5 pointsMonthly
🇦🇺
Small Business Sentiment
-9.434 points-4.088 pointsQuarter
🇦🇺
Total Vehicle Sales
97,202 Units109,647 UnitsMonthly
🇦🇺
Vehicle Registrations
17,291 Units21,065 UnitsMonthly

Business Inventories in Australia track the quarterly percentage changes in stocks held by manufacturers, retailers, and wholesalers. These inventories are a crucial element of the gross domestic product.

What is Business Inventories?

At Eulerpool, we pride ourselves in providing comprehensive, accurate, and up-to-date macroeconomic data to facilitate informed decision-making for businesses, investors, and policymakers. One of the critical aspects that we cover in our extensive range of economic indicators is 'Business Inventories.' This category holds significant importance as it offers a clear picture of inventory levels within various sectors, which directly impacts supply chain efficiency, pricing strategies, and overall economic health. Understanding the concept of business inventories is crucial for multiple stakeholders in the economic framework. Business inventories, also known as stocks, refer to the goods that companies have in stock, including raw materials, work-in-progress, and finished products. Inventory levels can indicate whether a company is efficiently balancing supply and demand, which is fundamental for maintaining optimal production schedules and meeting consumer expectations. When inventories are well-managed, they signal a company's ability to maintain operations smoothly without overproducing or underproducing goods. Analyzing business inventories provides valuable insights into the state of an economy. High levels of inventories may indicate sluggish sales and possibly an impending economic slowdown, while low levels could suggest strong demand and rapid sales turnover, often a marker of economic growth. Through our detailed datasets and analytics at Eulerpool, we empower users with the information needed to interpret these inventory levels across various sectors, thereby aiding in strategic planning and forecasting. Our platform delves into several facets of business inventories, including manufacturing, wholesale, and retail inventories. Each of these sectors presents unique dynamics that influence overall inventory levels and economic implications. Manufacturing inventories, for example, reveal information about the raw materials and goods in various stages of production. This data is pivotal for understanding production trends, potential supply chain disruptions, and the readiness of manufacturers to meet consumer demand. Wholesale inventories, which represent the goods held by wholesalers, serve as a barometer for the distribution segment of the supply chain. These inventories impact how quickly products can move from producers to retailers and eventually to consumers. A high level of wholesale inventories might suggest that goods are not moving efficiently through the supply chain, potentially leading to discounts and price reductions to clear excess stock. Conversely, lower levels of wholesale inventories could indicate a robust demand and efficient distribution channels. Retail inventories are another critical component tracked on Eulerpool. Retail inventories encompass the goods available for sale to end consumers. The level of retail inventories can significantly affect consumer pricing and availability of products. High retail inventories might lead to promotional sales and decreased prices to clear surplus stock, whereas low inventories could lead to stock shortages and potential price increases. Our business inventories data on Eulerpool provide users with a granular view of these different inventory levels over time, facilitating trend analysis and comparative studies. Investors might use this information to gauge the health of particular industries or companies, guiding investment decisions. Business managers and owners can leverage these insights for operational planning, ensuring that production schedules and supply chains are efficiently managed to meet market demand. Furthermore, economic policymakers and analysts frequently utilize data on business inventories to make more informed decisions on economic policies and interventions. For instance, if inventories are accumulating at an unsustainable rate, it might prompt policy measures to stimulate consumer spending or adjust interest rates. The comprehensive data and analysis tools we provide at Eulerpool ensure that these stakeholders can access and interpret business inventory data effectively to support sound economic policymaking. In our endeavor to provide a robust and user-friendly experience, Eulerpool offers customizable dashboards and interactive charts that allow users to visualize inventory data from different sectors, time frames, and geographies. Our data is meticulously curated and regularly updated to reflect the most current economic conditions, ensuring that our users can rely on us for accuracy and timeliness. Moreover, the easy-to-navigate interface of our platform ensures that all relevant information is just a few clicks away. Users can effortlessly access detailed reports, export data for further analysis, and integrate these insights into their workflows. Our commitment to delivering high-quality macroeconomic data makes Eulerpool a trusted partner for anyone who needs reliable and actionable information on business inventories and other economic indicators. In conclusion, business inventories are a vital component of the economic landscape, offering key insights into supply chain efficiency, market demand, and overall economic health. At Eulerpool, we aim to provide a comprehensive, accurate, and user-friendly platform for analyzing these inventories, enabling our users to make well-informed decisions. Whether you are an investor, business leader, or policy analyst, our detailed data and tools are designed to help you interpret and utilize inventory information effectively, ensuring you stay ahead in a dynamic economic environment.