The Traderszone Network

Published in TZ Latest News 28 November, 2021 by The TZ Newswire Staff

Australia Q3 inventories data due at 0030 GMT – run down of stock will subtract from Q3 GDP

Australia Inventories for Q3, expected -0.6% q/q, prior 0.2%.
Inventories are an input to the GDP numbers. The run-down of stocks over the third quarter due to Delta lockdown impacts, as you see above, expected at -0.6% q/q will subtract from the GDP result.