Business Indicators, Australia

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Quarterly estimates of private sector sales, wages, profits and inventories

Reference period

March 2022

Released

31/05/2022

View all releases

Key statistics

Current price estimates for the March quarter 2022:

Company gross operating profits rose 10.2% seasonally adjusted
Wages and salaries rose 1.8% seasonally adjusted

Chain volume estimates for the March quarter 2022:

Inventories rose 3.2% seasonally adjusted

			Dec Qtr 21 to Mar Qtr 22	Mar Qtr 21 to Mar Qtr 22
			%	%
Sales of goods and services (Chain volume measures)
	Manufacturing
		Trend	na	na
		Seasonally Adjusted	-0.8	-0.4
	Wholesale trade
		Trend	na	na
		Seasonally Adjusted	3.1	2.7
Inventories (Chain volume measures)
	Trend		na	na
	Seasonally Adjusted		3.2	3.0
Company gross operating profits
	Trend		na	na
	Seasonally Adjusted		10.2	25.3
Wages and salaries
	Seasonally Adjusted		1.8	5.2

*na - not available. Trend estimates have been suspended due to the impacts of COVID-19.

Inventories

Chain volume measures seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Mar 2016	-0.3	-0.6
Jun 2016	0.5	-0.1
Sep 2016	1.4	1.3
Dec 2016	0.1	1.7
Mar 2017	1.1	3.2
Jun 2017	-0.6	2.1
Sep 2017	0.2	0.8
Dec 2017	0.2	0.9
Mar 2018	0.4	0.2
Jun 2018	0.9	1.7
Sep 2018	0.1	1.7
Dec 2018	-0.4	1.1
Mar 2019	0.9	1.5
Jun 2019	-0.9	-0.4
Sep 2019	-0.2	-0.7
Dec 2019	0.1	-0.1
Mar 2020	-1.4	-2.3
Jun 2020	-3.1	-4.5
Sep 2020	0.0	-4.3
Dec 2020	-0.1	-4.5
Mar 2021	2.4	-0.8
Jun 2021	0.0	2.4
Sep 2021	-1.7	0.6
Dec 2021	1.5	2.2
Mar 2022	3.2	3.0

0.0%
0.0%

Chain volume measures seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[-0.29999999999999999],[0.5],[1.3999999999999999],[0.10000000000000001],[1.1000000000000001],[-0.59999999999999998],[0.20000000000000001],[0.20000000000000001],[0.40000000000000002],[0.90000000000000002],[0.10000000000000001],[-0.40000000000000002],[0.90000000000000002],[-0.90000000000000002],[-0.20000000000000001],[0.10000000000000001],[-1.3999999999999999],[-3.1000000000000001],[0],[-0.10000000000000001],[2.3999999999999999],[0],[-1.7],[1.5],[3.2000000000000002]],[[-0.59999999999999998],[-0.10000000000000001],[1.3],[1.7],[3.2000000000000002],[2.1000000000000001],[0.80000000000000004],[0.90000000000000002],[0.20000000000000001],[1.7],[1.7],[1.1000000000000001],[1.5],[-0.40000000000000002],[-0.69999999999999996],[-0.10000000000000001],[-2.2999999999999998],[-4.5],[-4.2999999999999998],[-4.5],[-0.80000000000000004],[2.3999999999999999],[0.59999999999999998],[2.2000000000000002],[3]]]

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[{"value":"0","axis_id":"0","axis_title":"Percentage (%)","axis_units":"","tooltip_units":"(%)","table_units":"(%)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Trend estimates have been suspended

Company gross operating profits

Company gross operating profits seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Mar 2016	-6.1	-8.3
Jun 2016	8.8	-0.3
Sep 2016	3.0	1.1
Dec 2016	21.4	27.7
Mar 2017	3.2	40.3
Jun 2017	-5.5	21.9
Sep 2017	1.0	19.6
Dec 2017	6.5	4.9
Mar 2018	4.8	6.5
Jun 2018	-1.8	10.6
Sep 2018	2.7	12.5
Dec 2018	5.6	11.6
Mar 2019	4.3	11.1
Jun 2019	1.5	14.9
Sep 2019	-1.0	10.7
Dec 2019	-1.0	3.7
Mar 2020	3.4	2.9
Jun 2020	11.2	12.7
Sep 2020	3.9	18.3
Dec 2020	-3.5	15.3
Mar 2021	0.4	11.9
Jun 2021	4.6	5.2
Sep 2021	4.0	5.3
Dec 2021	4.6	14.2
Mar 2022	10.2	25.3

Company gross operating profits seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[-6.0999999999999996],[8.8000000000000007],[3],[21.399999999999999],[3.2000000000000002],[-5.5],[1],[6.5],[4.7999999999999998],[-1.8],[2.7000000000000002],[5.5999999999999996],[4.2999999999999998],[1.5],[-1],[-1],[3.3999999999999999],[11.199999999999999],[3.8999999999999999],[-3.5],[0.40000000000000002],[4.5999999999999996],[4],[4.5999999999999996],[10.199999999999999]],[[-8.3000000000000007],[-0.29999999999999999],[1.1000000000000001],[27.699999999999999],[40.299999999999997],[21.899999999999999],[19.600000000000001],[4.9000000000000004],[6.5],[10.6],[12.5],[11.6],[11.1],[14.9],[10.699999999999999],[3.7000000000000002],[2.8999999999999999],[12.699999999999999],[18.300000000000001],[15.300000000000001],[11.9],[5.2000000000000002],[5.2999999999999998],[14.199999999999999],[25.300000000000001]]]

[]

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Trend estimates have been suspended

Notes on release

Comparison between company gross operating profits and gross operating surplus

Valuation changes have had an impact on the value of inventories held by Australian businesses this quarter. An Inventories Valuation Adjustment (IVA) is applied in the calculation of the Gross Operating Surplus of private non-financial corporations (GOS) estimate in the Australian National Accounts. The IVA for the March quarter 2022 is $10,079m which is $6,062m higher than the December quarter 2021 IVA of $4,017m.

No adjustment is made to the Company Gross Operating Profits (CGOP) estimate in this publication and, as a result, users should exercise caution when comparing CGOP and GOS. It should be noted that there are other differences between the two series. In particular, changes are made to GOS when annual benchmarks are applied and slightly different seasonal factors apply to the two series. Given this, while CGOP movements are an appropriate indicator for GOS, the two series will not have equivalent seasonally adjusted movements from quarter to quarter.

Impact of government subsidies on CGOP

For the March quarter 2022 Business Indicators release, estimates of Company Gross Operating Profits have once again included the receipt of COVID-19 related government subsidies as income in the compilation of CGOP, as previously seen from the June quarter 2020 onwards. These government subsidies include stimulus packages provided by both state and federal levels of government. Although the amount varies by state, overall there has been a decrease in government subsidies this quarter as stimulus packages are gradually being wound back.

Suspension of trend series

The trend series attempts to measure underlying behaviour in business activity. In the short term, this measurement will be significantly affected by changes to regular patterns in spending due to the Coronavirus pandemic. If the trend estimates in this publication were to be calculated without fully accounting for this irregular event, they would likely provide a misleading view of underlying business activity.

It may be some time before the underlying trend in business activity can be accurately estimated. The Business Indicators trend series have therefore been suspended and will be reinstated when more certainty emerges in the underlying trend in business activity.

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. Given the ongoing disruption during the COVID-19 period and continuing use of forward factors, extraordinary annual reviews of seasonally adjusted series are progressively being undertaken across the ABS statistics programs.

The extraordinary annual review process assesses each series individually to determine how observations from 2020 and 2021 should be treated and determine the most appropriate approach (concurrent adjustment or forward factors) for estimating seasonal adjustment factors in the immediate future. Revisions arising from the annual review are relatively minor for most series, but series which have used forward factors are likely to have larger revisions because the seasonal factor estimates are annually updated to incorporate information from the previous year's observations.

The outcome of the review for Business Indicators, Australia is that concurrent seasonal adjustment will be reinstated for series where COVID-19 is no longer having significant and prolonged impacts on the series. For the remaining series, new static forward factors have been calculated for the next 12 months and will be used from March 2022.

Further information can be found here: Methods changes during the COVID-19 period

Analysis by industry

Featured series

The following graphs and commentary refer to seasonally adjusted estimates for sales of goods and services and inventories in volume terms, and wages and salaries and company gross operating profits in current price terms. Trend estimates have been suspended from June quarter 2019 onwards for all series due to the impacts of coronavirus (COVID-19).

Total all industries

Company gross operating profits | Wages and salaries

Total industry, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	141,269	97,290
Jun 2019	143,543	98,772
Sep 2019	145,158	97,768
Dec 2019	146,631	96,756
Mar 2020	146,662	100,073
Jun 2020	142,166	111,320
Sep 2020	145,820	115,685
Dec 2020	147,596	111,591
Mar 2021	150,545	112,007
Jun 2021	153,843	117,152
Sep 2021	152,478	121,846
Dec 2021	155,676	127,398
Mar 2022	158,417	140,380

Total industry, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[141269],[143543],[145158],[146631],[146662],[142166],[145820],[147596],[150545],[153843],[152478],[155676],[158417]],[[97290],[98772],[97768],[96756],[100073],[111320],[115685],[111591],[112007],[117152],[121846],[127398],[140380]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 10.2% seasonally adjusted

Wages and salaries, current prices:

• Rose 1.8% seasonally adjusted

Inventories

Total industry, Chain volume measures (a)
	Seasonally adjusted Inventories ($m)
Mar 2019	177,388
Jun 2019	175,739
Sep 2019	175,371
Dec 2019	175,625
Mar 2020	173,233
Jun 2020	167,796
Sep 2020	167,861
Dec 2020	167,762
Mar 2021	171,779
Jun 2021	171,839
Sep 2021	168,866
Dec 2021	171,409
Mar 2022	176,971

Total industry, Chain volume measures (a)

["","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[177388],[175739],[175371],[175625],[173233],[167796],[167861],[167762],[171779],[171839],[168866],[171409],[176971]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

(a) Total inventories limited to: Accommodation and food services; Electricity, gas, water and waste services; Manufacturing; Mining; Retail trade; Wholesale trade

Inventories, chain volume measures:

• Rose 3.2% seasonally adjusted

Mining

Company gross operating profits | Wages and salaries

Mining, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	6,235	39,769
Jun 2019	6,268	42,109
Sep 2019	6,421	41,678
Dec 2019	6,571	39,675
Mar 2020	6,631	41,676
Jun 2020	6,565	37,685
Sep 2020	6,624	34,903
Dec 2020	6,601	41,064
Mar 2021	6,637	47,750
Jun 2021	6,833	54,022
Sep 2021	7,055	58,419
Dec 2021	7,261	56,393
Mar 2022	7,416	70,676

Mining, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[6235],[6268],[6421],[6571],[6631],[6565],[6624],[6601],[6637],[6833],[7055],[7261],[7416]],[[39769],[42109],[41678],[39675],[41676],[37685],[34903],[41064],[47750],[54022],[58419],[56393],[70676]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 25.3% seasonally adjusted

Wages and salaries, current prices:

• Rose 2.1% seasonally adjusted

Sales of goods and services | Inventories

Mining, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	77,580	18,948
Jun 2019	80,875	18,796
Sep 2019	79,587	19,238
Dec 2019	80,071	20,605
Mar 2020	79,926	20,637
Jun 2020	77,844	20,403
Sep 2020	77,054	20,413
Dec 2020	77,241	19,516
Mar 2021	78,162	18,653
Jun 2021	76,572	18,779
Sep 2021	76,788	18,778
Dec 2021	74,738	18,380
Mar 2022	73,907	17,742

Mining, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[77580],[80875],[79587],[80071],[79926],[77844],[77054],[77241],[78162],[76572],[76788],[74738],[73907]],[[18948],[18796],[19238],[20605],[20637],[20403],[20413],[19516],[18653],[18779],[18778],[18380],[17742]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 1.1% seasonally adjusted

Inventories, chain volume measures:

• Fell 3.5% seasonally adjusted

Manufacturing

Company gross operating profits | Wages and salaries

Manufacturing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	13,462	8,004
Jun 2019	13,528	7,551
Sep 2019	13,742	7,591
Dec 2019	13,990	7,914
Mar 2020	14,115	8,494
Jun 2020	13,682	9,139
Sep 2020	13,902	10,153
Dec 2020	13,832	9,188
Mar 2021	14,105	9,738
Jun 2021	14,322	9,379
Sep 2021	14,190	10,083
Dec 2021	14,373	12,514
Mar 2022	14,507	11,708

Manufacturing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[13462],[13528],[13742],[13990],[14115],[13682],[13902],[13832],[14105],[14322],[14190],[14373],[14507]],[[8004],[7551],[7591],[7914],[8494],[9139],[10153],[9188],[9738],[9379],[10083],[12514],[11708]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 6.4% seasonally adjusted

Wages and salaries, current prices:

• Rose 0.9% seasonally adjusted

Sales of goods and services | Inventories

Manufacturing, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	89,808	49,955
Jun 2019	89,964	49,926
Sep 2019	89,591	49,328
Dec 2019	90,498	48,984
Mar 2020	92,125	47,806
Jun 2020	84,869	47,949
Sep 2020	88,283	48,662
Dec 2020	90,007	47,176
Mar 2021	91,192	46,770
Jun 2021	91,813	47,073
Sep 2021	90,719	46,799
Dec 2021	91,572	47,580
Mar 2022	90,806	49,298

Manufacturing, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[89808],[89964],[89591],[90498],[92125],[84869],[88283],[90007],[91192],[91813],[90719],[91572],[90806]],[[49955],[49926],[49328],[48984],[47806],[47949],[48662],[47176],[46770],[47073],[46799],[47580],[49298]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 0.8% seasonally adjusted

Inventories, chain volume measures:

• Rose 3.6% seasonally adjusted

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Electricity, gas, water and waste services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	1,437	4,834
Jun 2019	1,555	4,350
Sep 2019	1,497	4,389
Dec 2019	1,485	4,579
Mar 2020	1,501	4,767
Jun 2020	1,492	4,366
Sep 2020	1,522	4,347
Dec 2020	1,537	4,132
Mar 2021	1,504	4,191
Jun 2021	1,548	4,072
Sep 2021	1,587	3,907
Dec 2021	1,604	3,956
Mar 2022	1,654	4,202

Electricity, gas, water and waste services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[1437],[1555],[1497],[1485],[1501],[1492],[1522],[1537],[1504],[1548],[1587],[1604],[1654]],[[4834],[4350],[4389],[4579],[4767],[4366],[4347],[4132],[4191],[4072],[3907],[3956],[4202]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 6.2% seasonally adjusted

Wages and salaries, current prices:

• Rose 3.1% seasonally adjusted

Sales of goods and services | Inventories

Electricity, gas, water and waste services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	20,894	1,094
Jun 2019	20,254	1,168
Sep 2019	21,010	1,122
Dec 2019	20,488	1,183
Mar 2020	19,905	1,206
Jun 2020	20,067	1,177
Sep 2020	21,041	1,145
Dec 2020	21,039	1,125
Mar 2021	20,177	1,104
Jun 2021	22,174	1,141
Sep 2021	22,080	1,201
Dec 2021	21,633	1,131
Mar 2022	21,033	1,055

Electricity, gas, water and waste services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[20894],[20254],[21010],[20488],[19905],[20067],[21041],[21039],[20177],[22174],[22080],[21633],[21033]],[[1094],[1168],[1122],[1183],[1206],[1177],[1145],[1125],[1104],[1141],[1201],[1131],[1055]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 2.8% seasonally adjusted

Inventories, chain volume measures:

• Fell 6.7% seasonally adjusted

Construction

Company gross operating profits | Wages and salaries

Construction, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	15,235	4,845
Jun 2019	15,048	4,937
Sep 2019	15,195	5,474
Dec 2019	15,380	5,350
Mar 2020	15,307	5,226
Jun 2020	14,950	7,656
Sep 2020	15,196	7,619
Dec 2020	14,912	6,867
Mar 2021	15,217	6,945
Jun 2021	15,769	6,086
Sep 2021	15,732	6,859
Dec 2021	16,131	7,022
Mar 2022	16,654	7,423

Construction, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[15235],[15048],[15195],[15380],[15307],[14950],[15196],[14912],[15217],[15769],[15732],[16131],[16654]],[[4845],[4937],[5474],[5350],[5226],[7656],[7619],[6867],[6945],[6086],[6859],[7022],[7423]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 5.7% seasonally adjusted

Wages and salaries, current prices:

• Rose 3.2% seasonally adjusted

Sales of goods and services

Construction, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	91,427
Jun 2019	91,441
Sep 2019	91,530
Dec 2019	90,702
Mar 2020	90,415
Jun 2020	79,853
Sep 2020	82,430
Dec 2020	83,050
Mar 2021	85,407
Jun 2021	88,771
Sep 2021	87,537
Dec 2021	87,820
Mar 2022	88,190

Construction, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[91427],[91441],[91530],[90702],[90415],[79853],[82430],[83050],[85407],[88771],[87537],[87820],[88190]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 0.4% seasonally adjusted

Wholesale trade

Company gross operating profits | Wages and salaries

Wholesale trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	9,468	6,259
Jun 2019	9,563	6,272
Sep 2019	9,740	6,304
Dec 2019	9,794	6,345
Mar 2020	9,832	6,991
Jun 2020	9,275	7,394
Sep 2020	9,804	8,509
Dec 2020	10,131	8,740
Mar 2021	10,406	8,812
Jun 2021	10,528	8,416
Sep 2021	10,466	8,521
Dec 2021	10,645	8,586
Mar 2022	10,881	9,755

Wholesale trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[9468],[9563],[9740],[9794],[9832],[9275],[9804],[10131],[10406],[10528],[10466],[10645],[10881]],[[6259],[6272],[6304],[6345],[6991],[7394],[8509],[8740],[8812],[8416],[8521],[8586],[9755]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 13.6% seasonally adjusted

Wages and salaries, current prices:

• Rose 2.2% seasonally adjusted

Sales of goods and services | Inventories

Wholesale trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	131,521	62,341
Jun 2019	129,837	61,595
Sep 2019	131,040	62,113
Dec 2019	130,394	61,892
Mar 2020	130,862	61,276
Jun 2020	122,056	59,626
Sep 2020	129,656	59,110
Dec 2020	135,136	61,873
Mar 2021	138,703	64,038
Jun 2021	138,996	64,003
Sep 2021	132,216	61,222
Dec 2021	138,191	64,364
Mar 2022	142,454	66,275

Wholesale trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[131521],[129837],[131040],[130394],[130862],[122056],[129656],[135136],[138703],[138996],[132216],[138191],[142454]],[[62341],[61595],[62113],[61892],[61276],[59626],[59110],[61873],[64038],[64003],[61222],[64364],[66275]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 3.1% seasonally adjusted

Inventories, chain volume measures:

• Rose 3.0% seasonally adjusted

Retail trade

Company gross operating profits | Wages and salaries

Retail trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	11,232	5,033
Jun 2019	11,639	5,106
Sep 2019	11,541	5,197
Dec 2019	11,621	5,326
Mar 2020	11,693	5,616
Jun 2020	11,525	7,463
Sep 2020	11,614	8,800
Dec 2020	11,875	7,766
Mar 2021	11,705	6,122
Jun 2021	12,271	5,603
Sep 2021	11,639	5,503
Dec 2021	11,776	5,572
Mar 2022	11,939	6,981

Retail trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[11232],[11639],[11541],[11621],[11693],[11525],[11614],[11875],[11705],[12271],[11639],[11776],[11939]],[[5033],[5106],[5197],[5326],[5616],[7463],[8800],[7766],[6122],[5603],[5503],[5572],[6981]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 25.3% seasonally adjusted

Wages and salaries, current prices:

• Rose 1.4% seasonally adjusted

Sales of goods and services | Inventories

Retail trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	108,924	41,575
Jun 2019	108,281	41,046
Sep 2019	106,306	40,220
Dec 2019	105,451	39,662
Mar 2020	105,327	39,096
Jun 2020	102,346	35,622
Sep 2020	107,090	35,414
Dec 2020	110,944	35,177
Mar 2021	111,056	38,250
Jun 2021	111,841	37,761
Sep 2021	106,155	37,943
Dec 2021	112,110	37,154
Mar 2022	113,118	39,783

Retail trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[108924],[108281],[106306],[105451],[105327],[102346],[107090],[110944],[111056],[111841],[106155],[112110],[113118]],[[41575],[41046],[40220],[39662],[39096],[35622],[35414],[35177],[38250],[37761],[37943],[37154],[39783]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 0.9% seasonally adjusted

Inventories, chain volume measures:

• Rose 7.1% seasonally adjusted

Accommodation and food services

Company gross operating profits | Wages and salaries

Accommodation and food services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	5,936	1,763
Jun 2019	6,052	1,878
Sep 2019	6,097	1,899
Dec 2019	6,235	1,895
Mar 2020	5,961	1,709
Jun 2020	4,955	3,357
Sep 2020	5,569	4,535
Dec 2020	5,694	3,041
Mar 2021	5,926	1,809
Jun 2021	6,160	1,527
Sep 2021	4,677	1,341
Dec 2021	5,418	1,204
Mar 2022	5,629	678

Accommodation and food services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[5936],[6052],[6097],[6235],[5961],[4955],[5569],[5694],[5926],[6160],[4677],[5418],[5629]],[[1763],[1878],[1899],[1895],[1709],[3357],[4535],[3041],[1809],[1527],[1341],[1204],[678]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 43.7% seasonally adjusted

Wages and salaries, current prices:

• Rose 3.9% seasonally adjusted

Sales of goods and services | Inventories

Accommodation and food services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2019	25,301	1,693
Jun 2019	25,874	1,633
Sep 2019	26,176	1,678
Dec 2019	25,960	1,652
Mar 2020	23,793	1,586
Jun 2020	14,764	1,406
Sep 2020	21,212	1,561
Dec 2020	22,741	1,380
Mar 2021	23,957	1,438
Jun 2021	24,643	1,513
Sep 2021	18,525	1,549
Dec 2021	23,023	1,532
Mar 2022	23,862	1,628

Accommodation and food services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[25301],[25874],[26176],[25960],[23793],[14764],[21212],[22741],[23957],[24643],[18525],[23023],[23862]],[[1693],[1633],[1678],[1652],[1586],[1406],[1561],[1380],[1438],[1513],[1549],[1532],[1628]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 3.6% seasonally adjusted

Inventories, chain volume measures:

• Rose 6.2% seasonally adjusted

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Transport, postal and warehousing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	7,278	6,682
Jun 2019	7,274	6,518
Sep 2019	7,445	5,898
Dec 2019	7,457	6,211
Mar 2020	7,450	5,728
Jun 2020	7,131	6,446
Sep 2020	7,065	6,827
Dec 2020	7,177	5,128
Mar 2021	7,324	4,815
Jun 2021	7,372	5,320
Sep 2021	7,347	4,538
Dec 2021	7,328	5,925
Mar 2022	7,567	6,141

Transport, postal and warehousing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[7278],[7274],[7445],[7457],[7450],[7131],[7065],[7177],[7324],[7372],[7347],[7328],[7567]],[[6682],[6518],[5898],[6211],[5728],[6446],[6827],[5128],[4815],[5320],[4538],[5925],[6141]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 3.7% seasonally adjusted

Wages and salaries, current prices:

• Rose 3.3% seasonally adjusted

Sales of goods and services

Transport, postal and warehousing, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	35,690
Jun 2019	35,791
Sep 2019	36,175
Dec 2019	36,294
Mar 2020	34,826
Jun 2020	27,948
Sep 2020	29,869
Dec 2020	31,720
Mar 2021	34,209
Jun 2021	35,165
Sep 2021	33,168
Dec 2021	34,048
Mar 2022	36,090

Transport, postal and warehousing, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[35690],[35791],[36175],[36294],[34826],[27948],[29869],[31720],[34209],[35165],[33168],[34048],[36090]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 6.0% seasonally adjusted

Information media and telecommunications

Company gross operating profits | Wages and salaries

Information media and telecommunications, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	3,412	4,523
Jun 2019	3,553	4,333
Sep 2019	3,351	4,603
Dec 2019	3,256	4,650
Mar 2020	3,245	4,682
Jun 2020	3,146	4,412
Sep 2020	3,234	4,599
Dec 2020	3,253	5,063
Mar 2021	3,242	4,299
Jun 2021	3,312	4,367
Sep 2021	3,230	4,306
Dec 2021	3,182	4,683
Mar 2022	3,279	4,900

Information media and telecommunications, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[3412],[3553],[3351],[3256],[3245],[3146],[3234],[3253],[3242],[3312],[3230],[3182],[3279]],[[4523],[4333],[4603],[4650],[4682],[4412],[4599],[5063],[4299],[4367],[4306],[4683],[4900]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 4.6% seasonally adjusted

Wages and salaries, current prices:

• Rose 3.1% seasonally adjusted

Sales of goods and services

Information media and telecommunications, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	19,224
Jun 2019	19,635
Sep 2019	19,710
Dec 2019	19,442
Mar 2020	19,349
Jun 2020	17,557
Sep 2020	18,386
Dec 2020	19,385
Mar 2021	19,227
Jun 2021	19,495
Sep 2021	19,590
Dec 2021	20,603
Mar 2022	20,984

Information media and telecommunications, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[19224],[19635],[19710],[19442],[19349],[17557],[18386],[19385],[19227],[19495],[19590],[20603],[20984]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 1.8% seasonally adjusted

Financial and insurance services

Company gross operating profits | Wages and salaries

Financial and insurance services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	10,250	1,665
Jun 2019	10,242	1,543
Sep 2019	10,257	1,184
Dec 2019	10,344	929
Mar 2020	10,444	1,039
Jun 2020	10,765	826
Sep 2020	10,910	333
Dec 2020	11,171	926
Mar 2021	11,502	882
Jun 2021	11,762	1,096
Sep 2021	12,112	914
Dec 2021	12,025	2,147
Mar 2022	11,942	1,580

Financial and insurance services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[10250],[10242],[10257],[10344],[10444],[10765],[10910],[11171],[11502],[11762],[12112],[12025],[11942]],[[1665],[1543],[1184],[929],[1039],[826],[333],[926],[882],[1096],[914],[2147],[1580]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 26.4% seasonally adjusted

Wages and salaries, current prices:

• Fell 0.7% seasonally adjusted

Sales of goods and services

Financial and insurance services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	13,578
Jun 2019	14,012
Sep 2019	14,066
Dec 2019	14,335
Mar 2020	15,090
Jun 2020	13,824
Sep 2020	14,227
Dec 2020	14,844
Mar 2021	16,169
Jun 2021	15,964
Sep 2021	16,860
Dec 2021	18,235
Mar 2022	16,715

Financial and insurance services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[13578],[14012],[14066],[14335],[15090],[13824],[14227],[14844],[16169],[15964],[16860],[18235],[16715]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 8.3% seasonally adjusted

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Rental, hiring and real estate services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	3,781	5,910
Jun 2019	3,731	5,896
Sep 2019	3,771	5,250
Dec 2019	3,828	5,370
Mar 2020	3,745	5,406
Jun 2020	3,685	5,857
Sep 2020	3,718	6,314
Dec 2020	3,819	6,039
Mar 2021	4,051	6,096
Jun 2021	4,219	5,781
Sep 2021	4,182	5,907
Dec 2021	4,275	7,180
Mar 2022	4,168	6,950

Rental, hiring and real estate services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[3781],[3731],[3771],[3828],[3745],[3685],[3718],[3819],[4051],[4219],[4182],[4275],[4168]],[[5910],[5896],[5250],[5370],[5406],[5857],[6314],[6039],[6096],[5781],[5907],[7180],[6950]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 3.2% seasonally adjusted

Wages and salaries, current prices:

• Fell 2.5% seasonally adjusted

Sales of goods and services

Rental, hiring and real estate services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	24,795
Jun 2019	25,003
Sep 2019	25,000
Dec 2019	25,460
Mar 2020	25,252
Jun 2020	21,562
Sep 2020	23,136
Dec 2020	24,300
Mar 2021	25,852
Jun 2021	26,292
Sep 2021	26,106
Dec 2021	26,698
Mar 2022	26,258

Rental, hiring and real estate services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[24795],[25003],[25000],[25460],[25252],[21562],[23136],[24300],[25852],[26292],[26106],[26698],[26258]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 1.7% seasonally adjusted

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Professional, scientific and technical services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	17,925	4,561
Jun 2019	18,335	4,851
Sep 2019	18,879	5,073
Dec 2019	19,132	5,090
Mar 2020	19,278	5,437
Jun 2020	19,016	8,271
Sep 2020	19,351	9,157
Dec 2020	19,657	6,836
Mar 2021	20,220	6,202
Jun 2021	20,445	6,567
Sep 2021	21,132	7,143
Dec 2021	21,723	7,986
Mar 2022	22,020	5,202

Professional, scientific and technical services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[17925],[18335],[18879],[19132],[19278],[19016],[19351],[19657],[20220],[20445],[21132],[21723],[22020]],[[4561],[4851],[5073],[5090],[5437],[8271],[9157],[6836],[6202],[6567],[7143],[7986],[5202]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 34.9% seasonally adjusted

Wages and salaries, current prices:

• Rose 1.4% seasonally adjusted

Sales of goods and services

Professional, scientific and technical services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	52,786
Jun 2019	54,084
Sep 2019	54,965
Dec 2019	55,092
Mar 2020	55,291
Jun 2020	52,536
Sep 2020	53,923
Dec 2020	55,774
Mar 2021	55,951
Jun 2021	56,079
Sep 2021	56,320
Dec 2021	59,236
Mar 2022	61,141

Professional, scientific and technical services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[52786],[54084],[54965],[55092],[55291],[52536],[53923],[55774],[55951],[56079],[56320],[59236],[61141]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 3.2% seasonally adjusted

Administrative and support services

Company gross operating profits | Wages and salaries

Administrative and support services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	10,998	1,360
Jun 2019	11,337	1,322
Sep 2019	11,440	1,372
Dec 2019	11,555	1,393
Mar 2020	11,519	1,259
Jun 2020	10,570	2,886
Sep 2020	10,932	3,292
Dec 2020	11,086	2,212
Mar 2021	11,127	1,814
Jun 2021	11,485	2,042
Sep 2021	11,883	1,628
Dec 2021	12,012	1,413
Mar 2022	12,171	1,135

Administrative and support services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[10998],[11337],[11440],[11555],[11519],[10570],[10932],[11086],[11127],[11485],[11883],[12012],[12171]],[[1360],[1322],[1372],[1393],[1259],[2886],[3292],[2212],[1814],[2042],[1628],[1413],[1135]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 19.7% seasonally adjusted

Wages and salaries, current prices:

• Rose 1.3% seasonally adjusted

Sales of goods and services

Administrative and support services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	23,702
Jun 2019	23,965
Sep 2019	24,067
Dec 2019	23,657
Mar 2020	22,932
Jun 2020	18,703
Sep 2020	18,720
Dec 2020	20,251
Mar 2021	20,711
Jun 2021	21,989
Sep 2021	21,751
Dec 2021	22,912
Mar 2022	23,031

Administrative and support services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[23702],[23965],[24067],[23657],[22932],[18703],[18720],[20251],[20711],[21989],[21751],[22912],[23031]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 0.5% seasonally adjusted

Education and training

Education and training, Current prices
	Seasonally adjusted Wages ($m)
Mar 2019	5,082
Jun 2019	5,191
Sep 2019	5,136
Dec 2019	5,119
Mar 2020	5,067
Jun 2020	4,998
Sep 2020	5,049
Dec 2020	5,092
Mar 2021	5,104
Jun 2021	5,157
Sep 2021	5,006
Dec 2021	5,061
Mar 2022	5,189

Health care and social assistance

Health care and social assistance, Current prices
	Seasonally adjusted Wages ($m)
Mar 2019	13,175
Jun 2019	13,783
Sep 2019	14,255
Dec 2019	14,409
Mar 2020	14,578
Jun 2020	14,440
Sep 2020	15,192
Dec 2020	15,574
Mar 2021	16,074
Jun 2021	16,077
Sep 2021	16,340
Dec 2021	16,463
Mar 2022	16,786

Arts and recreation services

Company gross operating profits | Wages and salaries

Arts and recreation services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	1,785	1,183
Jun 2019	1,816	1,275
Sep 2019	1,810	1,041
Dec 2019	1,821	1,188
Mar 2020	1,765	1,134
Jun 2020	1,503	2,172
Sep 2020	1,604	2,482
Dec 2020	1,581	1,961
Mar 2021	1,678	1,238
Jun 2021	1,731	1,130
Sep 2021	1,386	1,110
Dec 2021	1,616	1,093
Mar 2022	1,727	1,019

Arts and recreation services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[1785],[1816],[1810],[1821],[1765],[1503],[1604],[1581],[1678],[1731],[1386],[1616],[1727]],[[1183],[1275],[1041],[1188],[1134],[2172],[2482],[1961],[1238],[1130],[1110],[1093],[1019]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Fell 6.8% seasonally adjusted

Wages and salaries, current prices:

• Rose 6.9% seasonally adjusted

Sales of goods and services

Arts and recreation services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	8,751
Jun 2019	8,626
Sep 2019	8,668
Dec 2019	8,455
Mar 2020	8,080
Jun 2020	5,038
Sep 2020	6,459
Dec 2020	7,253
Mar 2021	7,830
Jun 2021	7,814
Sep 2021	7,059
Dec 2021	8,075
Mar 2022	8,588

Arts and recreation services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[8751],[8626],[8668],[8455],[8080],[5038],[6459],[7253],[7830],[7814],[7059],[8075],[8588]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Rose 6.4% seasonally adjusted

Other services

Company gross operating profits | Wages and salaries

Other services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2019	4,580	900
Jun 2019	4,627	828
Sep 2019	4,582	814
Dec 2019	4,634	840
Mar 2020	4,531	909
Jun 2020	4,467	3,389
Sep 2020	4,534	3,816
Dec 2020	4,603	2,627
Mar 2021	4,723	1,295
Jun 2021	4,853	1,745
Sep 2021	4,515	1,667
Dec 2021	4,783	1,726
Mar 2022	4,887	2,031

Other services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[4580],[4627],[4582],[4634],[4531],[4467],[4534],[4603],[4723],[4853],[4515],[4783],[4887]],[[900],[828],[814],[840],[909],[3389],[3816],[2627],[1295],[1745],[1667],[1726],[2031]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Company gross operating profits, current prices:

• Rose 17.6% seasonally adjusted

Wages and salaries, current prices:

• Rose 2.2% seasonally adjusted

Sales of goods and services

Other services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2019	14,341
Jun 2019	14,654
Sep 2019	14,401
Dec 2019	14,501
Mar 2020	13,922
Jun 2020	11,873
Sep 2020	12,531
Dec 2020	13,616
Mar 2021	14,401
Jun 2021	14,756
Sep 2021	12,837
Dec 2021	14,900
Mar 2022	14,837

Other services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[14341],[14654],[14401],[14501],[13922],[11873],[12531],[13616],[14401],[14756],[12837],[14900],[14837]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Sales of goods and services, chain volume measures:

• Fell 0.4% seasonally adjusted

Data downloads

Please note, the ABS has transitioned to releasing Excel files in .XLSX format from 3 December 2021.

Download all (2.32 MB)

Time series spreadsheets

Data files

Table 1. Inventories, chain volume measures
Download xlsx [73.72 KB]
Table 2. Inventories, chain volume measures, percentage change from previous quarter
Download xlsx [68.74 KB]
Table 3. Inventories, current prices
Download xlsx [74.22 KB]
Table 4. Income from sales of goods and services, chain volume measures
Download xlsx [91.4 KB]
Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter
Download xlsx [84.33 KB]
Table 6. Income from sales of goods and services, current prices
Download xlsx [93.55 KB]
Table 7. Income from sales of goods and services by state, current prices
Download xlsx [67.29 KB]
Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter
Download xlsx [63.07 KB]
Table 9. Company profits before income tax, current prices
Download xlsx [113.06 KB]
Table 10. Company profits before income tax, current prices, percentage change from previous quarter
Download xlsx [105.46 KB]
Table 11. Company gross operating profits, current prices
Download xlsx [102.38 KB]
Table 12. Company gross operating profits, current prices, percentage change from previous quarter
Download xlsx [92.85 KB]
Table 13. Unincorporated gross operating profits, current prices
Download xlsx [108.46 KB]
Table 14. Unincorporated gross operating profits, current prices, percentage change from previous quarter
Download xlsx [84.81 KB]
Table 15. Business gross operating profits, current prices
Download xlsx [97 KB]
Table 16. Business gross operating profits, current prices, percentage change from previous quarter
Download xlsx [88.67 KB]
Table 17. Wages and salaries, current prices
Download xlsx [93.28 KB]
Table 18. Wages and salaries, current prices, percentage change from the previous quarter
Download xlsx [86.57 KB]
Table 19. Wages and salaries by state, current prices
Download xlsx [70.02 KB]
Table 20. Wages and salaries by state, current prices, percentage change from previous quarter
Download xlsx [65.59 KB]
Table 21. Sales/wages and salaries ratio, current prices, original
Download xlsx [56.17 KB]
Table 22. Business gross operating profits/sales ratio, current prices, original
Download xlsx [55.41 KB]
Table 23. Inventories/sales ratio, current prices, original
Download xlsx [50.68 KB]
Table 24. Manufacturing subdivision, income from sales of goods and services, chain volume measures
Download xlsx [108.35 KB]
Table 25. Manufacturing subdivision, income from sales of goods and services, current prices
Download xlsx [115.95 KB]
Table 26. Manufacturing subdivision, inventories, chain volume measures
Download xlsx [106.17 KB]
Table 27. Manufacturing subdivision, inventories, current prices
Download xlsx [117.33 KB]
Table 28. Manufacturing subdivision, company profits before income tax, current prices, original
Download xlsx [123.8 KB]
Table 29. Manufacturing subdivision, company gross operating profits, current prices, original
Download xlsx [110.51 KB]

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

Business Indicators - Quarterly estimates of private sector sales, wages, profits and inventories

Previous catalogue number

This release previously used catalogue number 5676.0.

Methodology

Business Indicators, Australia methodology, March 2022

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APA

Business Indicators, Australia

APA

Key statistics

Inventories

Company gross operating profits

Notes on release

Comparison between company gross operating profits and gross operating surplus

Impact of government subsidies on CGOP

Suspension of trend series

Extraordinary Annual Seasonal Review (EASR)

Analysis by industry

​​​​​​​Featured series

Total all industries

Company gross operating profits | Wages and salaries

Inventories

Mining

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Manufacturing

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Construction

Company gross operating profits | Wages and salaries

Sales of goods and services

Wholesale trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Retail trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Accommodation and food services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Sales of goods and services

Information media and telecommunications

Company gross operating profits | Wages and salaries

Sales of goods and services

Financial and insurance services

Company gross operating profits | Wages and salaries

Sales of goods and services

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Sales of goods and services

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Sales of goods and services

Administrative and support services

Company gross operating profits | Wages and salaries

Sales of goods and services

Education and training

Wages and salaries

Health care and social assistance

Wages and salaries

Arts and recreation services

Company gross operating profits | Wages and salaries

Sales of goods and services

Other services

Company gross operating profits | Wages and salaries

Sales of goods and services

Data downloads

Time series spreadsheets

Table 1. Inventories, chain volume measures

Table 2. Inventories, chain volume measures, percentage change from previous quarter

Table 3. Inventories, current prices

Table 4. Income from sales of goods and services, chain volume measures

Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter

Table 6. Income from sales of goods and services, current prices

Table 7. Income from sales of goods and services by state, current prices

Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter

Table 9. Company profits before income tax, current prices

Table 10. Company profits before income tax, current prices, percentage change from previous quarter

Table 11. Company gross operating profits, current prices

Table 12. Company gross operating profits, current prices, percentage change from previous quarter

Table 13. Unincorporated gross operating profits, current prices

Featured series