Australian Company Profit Slump Hit To GDP Outlook Offset By Rising Wages

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Bureau of Statistics business indicators data for the March quarter, showed a mixed outcome. The bad news was an unexpected slump in gross operating profits at Australian firms. After seasonal adjustments, profits dropped by 4.7% to $59.295 billion between January to March compared to the prior quarter, a figure[​IMG]

    Continue reading...

Share This Page

free forex signals