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QTPA Member Alert | ABS Business Indicators, Australia, Mar 2012 (4/6/2012)

ABS Business Indicators, Australia, Mar 2012

Released at 11:30 AM (CANBERRA TIME) 04/06/2012.

Even though you are all very much aware of the business conditions around the country and especially in turf production information below will confirm your thoughts.

MARCH 2012 KEY FIGURES                      

Dec Qtr 11 to Mar Qtr 12 Mar Qtr 11 to Mar Qtr 12
%%

Sales of goods and services (Chain volume measures)
Manufacturing
Trend-0.4-0.8
Seasonally Adjusted0.1-0.6
Wholesale trade
Trend1.25.3
Seasonally Adjusted1.24.6
Inventories (Chain volume measures)
Trend0.82.7
Seasonally Adjusted0.93.4
Company gross operating profits
Trend-3.6-2.6
Seasonally Adjusted-4.0-0.5
Wages and salaries
Seasonally Adjusted2.17.7

Inventories (volume terms), Trend estimates

Company gross operating profits, Trend estimates

MARCH KEY POINTS

CHAIN VOLUME ESTIMATES

  • The trend estimate for inventories rose 0.8% in the March quarter 2012. The seasonally adjusted estimate rose 0.9% this quarter.
  • The trend estimate for Manufacturing sales of goods and services fell 0.4% this quarter. The seasonally adjusted estimate rose 0.1%.
  • The trend estimate for Wholesale trade sales of goods and services rose 1.2% this quarter. The seasonally adjusted estimate rose 1.2%.

CURRENT PRICE ESTIMATES

  • The seasonally adjusted estimate for company gross operating profits fell 4.0% in the March quarter 2012.
  • The seasonally adjusted estimate for wages and salaries rose 2.1% in the March quarter 2012.

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