Nominal Changes in Inventories for Australia
NINVNSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,857.00
Year-over-Year Change
-71.80%
Date Range
7/1/1959 - 1/1/2025
Summary
The Nominal Changes in Inventories for Australia measures the quarterly change in the value of physical goods held in inventory by Australian businesses. This metric is an important indicator of economic activity and business investment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Nominal Changes in Inventories for Australia tracks fluctuations in the monetary value of goods held in storage by companies operating in the country. This provides insight into production, supply chain, and demand dynamics within the Australian economy.
Methodology
The data is collected through quarterly business surveys conducted by the Australian Bureau of Statistics.
Historical Context
Analysts and policymakers monitor inventory changes to assess the health of the broader Australian economy and make informed decisions.
Key Facts
- Inventory changes are a key component of GDP calculation.
- Rising inventories can signal slowing demand or oversupply.
- Falling inventories may indicate increased business confidence.
FAQs
Q: What does this economic trend measure?
A: The Nominal Changes in Inventories for Australia tracks the quarterly change in the monetary value of physical goods held in inventory by Australian businesses.
Q: Why is this trend relevant for users or analysts?
A: Inventory changes provide insight into production, supply chain, and demand dynamics within the Australian economy, making this metric useful for analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through quarterly business surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor inventory changes to assess the health of the broader Australian economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Nominal Changes in Inventories for Australia (NINVNSAXDCAUQ), retrieved from FRED.