ANALYSIS BY INDUSTRY
MANUFACTURING
The trend estimate for company gross operating profits increased 2% this quarter after four quarters of subdued or negative growth. The seasonally adjusted estimate increased 4%. The wages and salaries trend and seasonally adjusted estimate increased 1% this quarter.
The trend estimate for sales of goods and services has increased slightly over the past three quarters, following three quarters of small decreases. The seasonally adjusted estimate has remained relatively flat this quarter. The trend estimate for inventories remained relatively unchanged this quarter, similar to the previous two quarters. The seasonally adjusted estimate increased 1%.
WHOLESALE TRADE
The trend estimate for company gross operating profits increased 2% this quarter. The seasonally adjusted estimate was relatively flat this quarter following a strong increase last quarter. The trend estimate for wages and salaries has increased 2%, which is a similar rate to the previous three quarters. The seasonally adjusted estimate increased 3% this quarter.
The trend estimate for sales of goods and services has increased 1%, a similar growth rate to the previous two quarters. The seasonally adjusted estimate decreased slightly. The trend estimate for inventories increased 1%, the fifth quarter of similar growth. The seasonally adjusted estimate decreased marginally this quarter.
RETAIL TRADE
The trend estimate for company gross operating profits increased 10% this quarter, the second quarter of strong growth following three quarters of decreases. The seasonally adjusted estimate increased 17%. The trend estimate for wages and salaries increased 1% this quarter, the fourth consecutive quarter of similar growth. The seasonally adjusted estimate increased 3%.
The trend estimate for sales of goods and services was the tenth consecutive quarter of growth between 1% and 2%. In seasonally adjusted terms the estimate fell slightly. The trend estimate for inventories increased 2% this quarter following five quarters of similar growth. Seasonally adjusted inventories increased 1%.
Australian Bureau of Statistics
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