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Business Indicators, Australia, December 2023
Key statistics: Seasonally adjusted, current price estimates for: • Company gross operating profits rose 7.4% • Wages and salaries rose 0.9% Seasonally adjusted, chain volume estimate for: • Inventories fell 1.7% table Inventories: chart Company gross operating profits: chart 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 the ... (full story)