The value of inventories in Australia was up 0.8 percent in the third quarter of 2009 compared to the previous three months, the Australian Bureau of Statistics said on Monday, standing at a seasonally adjusted A$134.91 billion.
Analysts had expected the value of inventories to fall 1 percent on quarter after the 3.4 percent quarterly decline in the previous three months.
In addition, company's profits were down 2.1 percent compared to the second quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.