From the ABS comes Business Indicators for the March quarter:
MARCH KEY FIGURES
Dec Qtr 14 to Mar Qtr 15 |
Mar Qtr 14 to Mar Qtr 15 | |||
% |
% | |||
| ||||
Sales of goods and services (Chain volume measures) | ||||
Manufacturing | ||||
Trend |
-1.7 |
-4.2 | ||
Seasonally Adjusted |
-4.1 |
-5.1 | ||
Wholesale trade | ||||
Trend |
0.7 |
2.2 | ||
Seasonally Adjusted |
1.9 |
3.3 | ||
Inventories (Chain volume measures) | ||||
Trend |
0.0 |
0.7 | ||
Seasonally Adjusted |
0.4 |
1.5 | ||
Company gross operating profits | ||||
Trend |
0.2 |
-5.5 | ||
Seasonally Adjusted |
0.2 |
-7.5 | ||
Wages and salaries | ||||
Seasonally Adjusted |
-0.1 |
1.4 |
Weak wages and muted profits will weigh but inventories lifted 0.3 points above expectations lending a little support to Wednesday’s GDP number.