Global Economic News

Australia Company Gross Operating Profits Sink 1.3% In Q3

Company gross operating profits were down a seasonally adjusted 1.3 percent on quarter in the third quarter of 2023, the Australian Bureau of Statistics said on Monday.

That was shy of forecasts for a decline of 0.5 percent following the 13.1 percent slump in the three months prior.

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by RTTNews Staff Writer

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