Australian data: Q4 Business Inventories -0.2% q/q (vs. Expected -0.2%) | Forexlive

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.

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Data also published for the December quarter 2022:

Company operating profits: +10.6%

• Expected +1.8%, prior -12.4%