Australia August 2025 business conditions 7
5 in July7 is the long run average for this measure
Business confidence 4
vs. 8 in July4 is close to the long run trend for this
Some of the sub measures:
business sales unchanged at +12 in Augustprofitability up 2 points to +4employment rebounded up 3 points to +6forward orders up a point to +1, the first move into positive territory in two yearsprice indicator, purchase costs, running at a quarterly rate of just 1.1%, the smallest increase since 2021quarterly growth in retail prices halved to 0.5%labour costs to 1.5%, from 1.9%
National Australia Bank comments:
“Regions and industries in the economy which have faced headwinds in recent years have showed positive signs in recent months, adding to our confidence that the broader economy is on a better trajectory in the second half of the year,”
This article was written by Eamonn Sheridan at investinglive.com.