Australia Company Operating Profits Sink 4.6% In Q3
(RTTNews) - Company operating profits in Australia were down a seasonally adjusted 4.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Monday.
That missed expectations for an increase of 0.6 percent following the downwardly revised 6.8 percent drop in the three months prior (originally -5.3 percent).
Inventories were down 0.9 percent on quarter, also missing forecasts for a decline of 0.2 percent following the 0.5 percent increase in the previous quarter.
Wages and salaries were up 1.2 percent on quarter.
On a yearly basis, company profits fell 8.5 percent, while inventories rose 0.1 percent and wages climbed 4.0 percent.
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Australia October Trade Surplus A$5.953 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.953 billion in October, the Australian Bureau of Statistics said on Thursday.
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Australia GDP Gains 0.3% On Quarter In Q3
Australia's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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Australia Services Sector Slows In November - Judo
The services sector in Australia continued to expand in November, albeit at a lower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 50.5.
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Australia Has A$14.149 Billion Current Account Deficit
Australia posted a seasonally adjusted current account deficit of A$14.149 billion in the third quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
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Australia Building Approvals Rise 4.2% In October
The total number of building permits issued in Australia was up a seasonally adjusted 4.2 percent on month in October, the Australian Bureau of Statistics said on Monday - coming in at 15,498.
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Australia Retail Sales Rise 0.6% In October
The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in October, the Australian Bureau of Statistics said on Monday - coming in at A$36.702 billion.
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Australia Manufacturing PMI Improves To 49.4 In November - S&P Global
The manufacturing sector in Australia continued to contract in November, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.4.
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Australia Capex Value Climbs 1.1% In Q3
The value of new capital expenditure in Australia was up a seasonally adjusted 1.1 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.838 billion.
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