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Business Indicators, Australia, March 2024

From abs.gov.au

Key statistics: Seasonally adjusted, current price estimates for: • Company gross operating profits fell 2.5% • Wages and salaries rose 0.6% Seasonally adjusted, chain volume estimate for: • Inventories rose 1.3% {tables} {charts} Notes on release Change to ABS Business Indicators Methodology The method for calculating aggregate estimates in ABS Business Indicators has changed from the December quarter 2023 publication. In the previous method, known as 'number raised' estimation, survey weights are determined by a business’ chance of selection. Weights are assigned to each business in the survey sample according to ... (full story)

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