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Business Indicators, Australia, March 2023
Key statistics: Seasonally adjusted, current price estimates for: • Company gross operating profits rose 0.5% • Wages and salaries rose 1.8% Seasonally adjusted, chain volume estimate for: • Inventories rose 1.2% tables charts Notes on release Extraordinary Annual Seasonal Review (EASR) In early 2020 the ABS advised that the method used to produce seasonally adjusted estimates would be changed from the ‘concurrent adjustment’ method to the ‘forward factors’ method for series with significant and prolonged impacts from COVID-19. As the disruption from the COVID-19 period has settled, ABS statistical ... (full story)