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

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

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%
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Posted: Feb 27 2023, 00:30
Author Name: forexlive
Views: 110844

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