02 Sep Australia Business Inventories
Business Inventories in Australia decreased 0.90 percent in June of 2019 over the previous month. Business Inventories in Australia averaged 0.52 percent from 1985 until 2019, reaching an all time high of 2.80 percent in the first quarter of 1999 and a record low of -2.80 percent in the third quarter of 1986. Business Inventories in Australia measure the quarterly percentage changes in inventories from manufacturers, retailers, and wholesalers. Inventories are a key component of gross domestic product.
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