Monthly Business Turnover Indicator

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Experimental indicator of business turnover derived from monthly Business Activity Statements

Reference period

October 2024

Released

10/12/2024

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Release date and time

10/12/2024 11:30am AEDT

Key statistics

In seasonally adjusted terms, the October 2024 monthly business turnover indicator showed:

A 0.6% fall in the 13-industry aggregate
Falls were seen in seven of 13 published industries
The largest fall was in Electricity, gas, water and waste services (-10.3%)
Year-on-year, rises were seen in 10 of 13 published industries

The MBTI 13-industry aggregate fell 0.1% in trend terms for the month of October.

Business turnover indicator, change in turnover, seasonally adjusted
	September 2024 to October 2024 (%)	October 2023 to October 2024 (%)
Arts and recreation services	2.4	10.3
Accommodation and food services	2.2	7.0
Wholesale trade	1.5	-0.6
Manufacturing	1.3	3.6
Administrative and support services	0.1	4.4
Other services	0.0	6.6
Construction	-0.1	8.1
Professional, scientific and technical services	-0.2	3.4
Retail trade	-0.3	-1.6
Mining	-1.8	-14.4
Information media and telecommunications	-2.8	5.0
Transport, postal and warehousing	-3.1	4.1
Electricity, gas, water and waste services	-10.3	7.3
13-industry aggregate	-0.6	-0.3

Business turnover indicator, change in turnover, seasonally adjusted

["","September 2024 to October 2024","October 2023 to October 2024"]

[["Arts and recreation services","Accommodation and food services","Wholesale trade","Manufacturing","Administrative and support services","Other services","Construction","Professional, scientific and technical services","Retail trade","Mining","Information media and telecommunications","Transport, postal and warehousing","Electricity, gas, water and waste services","13-industry aggregate"],[[2.4],[2.2],[1.5],[1.3],[0.1],[0],[-0.1],[-0.2],[-0.3],[-1.8],[-2.8],[-3.1],[-10.3],[-0.6]],[[10.3],[7],[-0.6],[3.6],[4.4],[6.6],[8.1],[3.4],[-1.6],[-14.4],[5],[4.1],[7.3],[-0.3]]]

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Index base period: July 2019 = 100.0.

This experimental indicator is derived from Australian Taxation Office (ATO) Business Activity Statements (BAS) turnover data from monthly BAS remitters. It includes 13 of the 19 industry divisions classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006.
Monthly BAS reporting covers businesses with GST annual turnover of $20 million or more and a proportion of smaller businesses that report monthly on a voluntary basis.
The estimated monthly changes in business turnover are aligned as closely as is feasible to the Australian System of National Accounts concept of market output. Users should exercise caution in comparing the indicator to other ABS economic outputs due to differences in concepts, scope, coverage, and methods.

13-Industry aggregate

The MBTI 13-industry aggregate fell 0.1% for the October month in trend terms.

Business turnover indicator, 13-industy aggregate, trend
Reference month	Business turnover index (pts)	Monthly percentage change (%)
Oct-19	100.2	-0.1
Nov-19	100.0	-0.2
Dec-19	99.6	-0.4
Jan-20	99.5	-0.1
Feb-20	99.3	-0.2
Mar-20	97.8	-1.4
Apr-20	92.9	-5.1
May-20	92.0	-1.0
Jun-20	92.7	0.8
Jul-20	93.0	0.3
Aug-20	93.4	0.5
Sep-20	94.1	0.7
Oct-20	94.9	0.8
Nov-20	97.1	2.3
Dec-20	98.9	1.9
Jan-21	100.4	1.4
Feb-21	101.4	1.0
Mar-21	103.2	1.8
Apr-21	104.6	1.4
May-21	106.2	1.5
Jun-21	107.0	0.8
Jul-21	107.3	0.3
Aug-21	107.7	0.4
Sep-21	107.8	0.1
Oct-21	109.0	1.1
Nov-21	111.4	2.2
Dec-21	113.1	1.5
Jan-22	115.4	2.0
Feb-22	117.8	2.0
Mar-22	122.2	3.7
Apr-22	124.6	2.0
May-22	127.4	2.2
Jun-22	129.5	1.6
Jul-22	130.7	1.0
Aug-22	132.0	1.0
Sep-22	131.1	-0.7
Oct-22	131.5	0.3
Nov-22	131.7	0.1
Dec-22	131.8	0.1
Jan-23	131.8	0.0
Feb-23	131.7	-0.1
Mar-23	131.5	-0.2
Apr-23	131.1	-0.2
May-23	130.6	-0.4
Jun-23	130.7	0.1
Jul-23	130.1	-0.5
Aug-23	130.8	0.5
Sep-23	131.6	0.6
Oct-23	132.2	0.5
Nov-23	132.4	0.2
Dec-23	132.4	0.0
Jan-24	132.3	-0.1
Feb-24	132.3	0.0
Mar-24	132.4	0.1
Apr-24	132.7	0.2
May-24	133.0	0.2
Jun-24	133.2	0.1
Jul-24	133.2	0.0
Aug-24	133.1	-0.1
Sep-24	132.9	-0.1
Oct-24	132.7	-0.1

Business turnover indicator, 13-industy aggregate, trend

["Reference month","Business turnover index","Monthly percentage change"]

[["Oct-19","Nov-19","Dec-19","Jan-20","Feb-20","Mar-20","Apr-20","May-20","Jun-20","Jul-20","Aug-20","Sep-20","Oct-20","Nov-20","Dec-20","Jan-21","Feb-21","Mar-21","Apr-21","May-21","Jun-21","Jul-21","Aug-21","Sep-21","Oct-21","Nov-21","Dec-21","Jan-22","Feb-22","Mar-22","Apr-22","May-22","Jun-22","Jul-22","Aug-22","Sep-22","Oct-22","Nov-22","Dec-22","Jan-23","Feb-23","Mar-23","Apr-23","May-23","Jun-23","Jul-23","Aug-23","Sep-23","Oct-23","Nov-23","Dec-23","Jan-24","Feb-24","Mar-24","Apr-24","May-24","Jun-24","Jul-24","Aug-24","Sep-24","Oct-24"],[[100.2],[100],[99.6],[99.5],[99.3],[97.8],[92.9],[92],[92.7],[93],[93.4],[94.1],[94.9],[97.1],[98.9],[100.4],[101.4],[103.2],[104.6],[106.2],[107],[107.3],[107.7],[107.8],[109],[111.4],[113.1],[115.4],[117.8],[122.2],[124.6],[127.4],[129.5],[130.7],[132],[131.1],[131.5],[131.7],[131.8],[131.8],[131.7],[131.5],[131.1],[130.6],[130.7],[130.1],[130.8],[131.6],[132.2],[132.4],[132.4],[132.3],[132.3],[132.4],[132.7],[133],[133.2],[133.2],[133.1],[132.9],[132.7]],[[-0.1],[-0.2],[-0.4],[-0.1],[-0.2],[-1.4],[-5.1],[-1],[0.8],[0.3],[0.5],[0.7],[0.8],[2.3],[1.9],[1.4],[1],[1.8],[1.4],[1.5],[0.8],[0.3],[0.4],[0.1],[1.1],[2.2],[1.5],[2],[2],[3.7],[2],[2.2],[1.6],[1],[1],[-0.7],[0.3],[0.1],[0.1],[0],[-0.1],[-0.2],[-0.2],[-0.4],[0.1],[-0.5],[0.5],[0.6],[0.5],[0.2],[0],[-0.1],[0],[0.1],[0.2],[0.2],[0.1],[0],[-0.1],[-0.1],[-0.1]]]

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Index base period: July 2019 = 100.0.

Industry analysis and charts

In October 2024, seven of the 13 industry divisions included in the indicator showed falls in monthly turnover in seasonally adjusted terms. The largest falls in monthly turnover were seen in:

Electricity, gas, water and waste services (-10.3%)
Transport, postal and warehousing (-3.1%)
Information media and telecommunications (-2.8%)

The industries that showed the largest rises in October 2024 were:

Arts and recreation services (2.4%)
Accommodation and food services (2.2%)
Wholesale trade (1.5%)

Year-on-year, 10 of 13 industry divisions recorded rises in business turnover. The largest rises were recorded in:

Arts and recreation services (10.3%)
Construction (8.1%)
Electricity, gas, water and waste services (7.3%)

The three industry divisions recording falls in business turnover in October 2024, compared with October 2023 were:

Mining (-14.4%)
Retail trade (-1.6%)
Wholesale trade (-0.6%)

Note: Total turnover differs between industries. This should be considered when analysing month-to-month movements in the context of overall economic activity. Please see data limitations and revisions for additional considerations.

Mining

Business turnover indicator, Mining
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts) (a)	Monthly percentage change, seasonally adjusted (%)
Oct-22	160.0	164.6	-1.1
Nov-22	158.4	164.4	-1.0
Dec-22	156.3	164.0	-1.3
Jan-23	162.2	162.6	3.8
Feb-23	154.1	159.7	-5.0
Mar-23	160.8	155.6	4.3
Apr-23	143.1	150.7	-11.0
May-23	137.6	146.0	-3.8
Jun-23	138.0	142.6	0.3
Jul-23	132.2		-4.2
Aug-23	133.6	139.5	1.0
Sep-23	140.3	142.6	5.0
Oct-23	141.9	145.9	1.1
Nov-23	145.3	147.8	2.4
Dec-23	144.1	147.7	-0.8
Jan-24	146.4	145.6	1.6
Feb-24	131.4	142.2	-10.3
Mar-24	132.9	138.8	1.2
Apr-24	130.7	136.1	-1.7
May-24	129.9	134.3	-0.6
Jun-24	129.1	133.2	-0.7
Jul-24	131.4	132.0	1.8
Aug-24	125.2	130.4	-4.7
Sep-24	123.7	128.6	-1.2
Oct-24	121.5	127.1	-1.8

Business turnover indicator, Mining subdivisions, seasonally adjusted
Reference month	Coal mining (pts)	Oil and gas extraction (pts)	Metal ore mining (pts)	Non-metallic mineral mining and quarrying (pts)	Exploration and other mining support services (pts)	Mining (pts)
Oct-22	192.6	215.6	117.1	296.3	147.3	160.0
Nov-22	198.4	203.5	116.7	305.5	147.2	158.4
Dec-22	185.8	195.6	121.2	306.5	150.0	156.3
Jan-23	182.7	195.1	128.0	477.1	155.0	162.2
Feb-23	179.7	182.3	124.1	315.3	163.0	154.1
Mar-23	179.7	179.9	134.1	455.5	155.0	160.8
Apr-23	159.8	169.8	116.5	305.1	164.4	143.1
May-23	149.3	173.7	107.2	395.3	138.5	137.6
Jun-23	143.7	164.1	112.7	416.8	155.6	138.0
Jul-23	135.6	161.3	112.7	235.8	148.3	132.2
Aug-23	125.3	163.6	118.5	240.6	149.9	133.6
Sep-23	139.2	161.9	122.9	355.4	146.8	140.3
Oct-23	145.6	162.1	127.5	220.6	152.9	141.9
Nov-23	148.0	161.6	134.0	214.1	149.7	145.3
Dec-23	149.3	160.4	131.3	208.7	155.7	144.1
Jan-24	145.2	158.7	140.7	141.4	157.3	146.4
Feb-24	136.9	164.6	113.5	136.3	135.0	131.4
Mar-24	133.9	166.9	116.6	114.1	150.0	132.9
Apr-24	133.9	165.6	111.1	166.7	147.0	130.7
May-24	123.9	162.8	114.0	201.1	144.0	129.9
Jun-24	124.4	160.7	114.3	175.2	139.4	129.1
Jul-24	124.3	173.2	114.1	133.4	147.6	131.4
Aug-24	123.3	155.1	110.9	130.4	143.9	125.2
Sep-24	117.8	143.8	114.3	138.4	154.4	123.7
Oct-24	118.5	141.6	111.1	125.1	152.5	121.5

Manufacturing

Business turnover indicator, Manufacturing
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts) (a)	Monthly percentage change, seasonally adjusted (%)
Oct-22	120.4		0.0
Nov-22	120.9	121.5	0.4
Dec-22	125.9	122.4	4.2
Jan-23	124.3	123.4	-1.3
Feb-23	123.7	124.1	-0.5
Mar-23	124.7	124.6	0.8
Apr-23	126.6	124.8	1.5
May-23	125.3	125.0	-1.0
Jun-23	126.3	125.4	0.8
Jul-23	120.3	125.8	-4.7
Aug-23	127.5	126.0	5.9
Sep-23	128.1	125.8	0.5
Oct-23	126.4	125.2	-1.3
Nov-23	125.5	124.5	-0.7
Dec-23	123.7	123.9	-1.5
Jan-24	124.1	123.9	0.4
Feb-24	123.2	124.5	-0.7
Mar-24	128.3	125.5	4.1
Apr-24	128.4	126.6	0.1
May-24	128.1	127.4	-0.2
Jun-24	128.5	127.9	0.3
Jul-24	129.6	128.3	0.8
Aug-24	128.9	128.6	-0.5
Sep-24	129.3	128.9	0.4
Oct-24	131.0	129.2	1.3

Business turnover indicator, Manufacturing subdivisions, seasonally adjusted
Reference month	Food product manufacturing (pts)	Wood product manufacturing (pts)	Non-metallic mineral product manufacturing (pts)	Primary metal and metal product manufacturing (pts)	Fabricated metal product manufacturing (pts)	Transport equipment manufacturing (pts)	Machinery and equipment manufacturing (pts)	Manufacturing (pts)
Oct-22	120.6	135.7	117.0	154.3	131.7	134.2	115.6	120.4
Nov-22	120.4	138.0	120.4	155.8	130.4	132.7	115.3	120.9
Dec-22	123.2	135.6	131.3	179.5	131.5	132.0	114.6	125.9
Jan-23	123.4	130.7	125.1	171.9	131.8	130.5	114.1	124.3
Feb-23	126.2	138.3	128.7	167.1	135.5	134.6	116.6	123.7
Mar-23	125.6	138.7	123.3	171.9	135.1	128.2	118.1	124.7
Apr-23	122.6	134.8	125.8	187.8	135.7	138.3	120.3	126.6
May-23	128.2	138.7	127.8	166.7	133.8	138.7	121.6	125.3
Jun-23	126.8	135.1	123.7	175.1	135.5	141.6	125.5	126.3
Jul-23	126.6	138.7	120.4	140.3	134.9	139.1	121.5	120.3
Aug-23	127.2	143.2	124.4	178.0	133.7	148.5	124.3	127.5
Sep-23	129.0	141.9	127.5	175.2	134.9	137.4	121.6	128.1
Oct-23	128.8	137.1	127.4	173.7	131.6	140.6	121.1	126.4
Nov-23	129.2	138.4	120.6	169.7	132.0	142.8	122.1	125.5
Dec-23	122.7	138.8	127.2	173.3	129.9	135.6	118.6	123.7
Jan-24	127.0	135.3	118.1	166.6	128.4	151.2	123.2	124.1
Feb-24	127.0	134.6	127.6	157.0	127.6	150.2	123.3	123.2
Mar-24	128.7	132.0	122.8	181.4	129.5	152.8	127.0	128.3
Apr-24	130.8	134.7	119.3	175.6	125.5	150.0	136.5	128.4
May-24	131.4	130.2	121.6	178.1	127.6	142.9	131.9	128.1
Jun-24	133.8	130.1	123.2	174.3	126.1	143.5	127.9	128.5
Jul-24	133.5	133.5	126.2	178.3	125.7	145.1	137.6	129.6
Aug-24	133.0	129.8	125.0	180.0	127.8	143.8	124.8	128.9
Sep-24	133.4	128.1	126.0	185.9	128.5	147.2	127.2	129.3
Oct-24	135.5	133.8	125.9	194.5	133.3	146.1	128.3	131.0

Electricity, gas, water and waste services

Business turnover indicator, Electricity, gas, water and waste services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts) (a)	Monthly percentage change, seasonally adjusted (%)
Oct-22	124.3	119.1	3.3
Nov-22	120.2	118.2	-3.3
Dec-22	121.7	116.7	1.3
Jan-23	113.5	115.5	-6.7
Feb-23	112.1	115.1	-1.3
Mar-23	117.2	115.9	4.6
Apr-23	112.8	117.5	-3.8
May-23	123.4	119.4	9.4
Jun-23	132.3	121.2	7.2
Jul-23	110.8		-16.3
Aug-23	111.4	111.1	0.6
Sep-23	114.1	112.2	2.4
Oct-23	115.1	114.1	0.9
Nov-23	116.9	116.7	1.6
Dec-23	119.4	119.7	2.1
Jan-24	125.4	122.6	5.1
Feb-24	128.3	125.1	2.3
Mar-24	129.1	126.7	0.7
Apr-24	128.2	127.8	-0.7
May-24	128.7	128.5	0.4
Jun-24	131.1	128.9	1.9
Jul-24	129.1	129.2	-1.6
Aug-24	130.9	129.4	1.4
Sep-24	137.6	129.2	5.1
Oct-24	123.5	128.9	-10.3

Business turnover indicator, Electricity, gas, water and waste services subdivisions, seasonally adjusted
Reference month	Electricity supply (pts)	Electricity, gas, water and waste services (pts)
Oct-22	124.2	124.3
Nov-22	121.7	120.2
Dec-22	119.4	121.7
Jan-23	109.4	113.5
Feb-23	110.3	112.1
Mar-23	118.4	117.2
Apr-23	110.8	112.8
May-23	129.9	123.4
Jun-23	128.4	132.3
Jul-23	104.8	110.8
Aug-23	105.8	111.4
Sep-23	110.0	114.1
Oct-23	117.8	115.1
Nov-23	119.5	116.9
Dec-23	122.5	119.4
Jan-24	128.8	125.4
Feb-24	133.5	128.3
Mar-24	136.7	129.1
Apr-24	134.2	128.2
May-24	133.9	128.7
Jun-24	130.0	131.1
Jul-24	131.8	129.1
Aug-24	134.5	130.9
Sep-24	143.8	137.6
Oct-24	129.6	123.5

Construction

Business turnover indicator, Construction
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	121.9	116.0	3.6
Nov-22	121.2	117.3	-0.6
Dec-22	122.5	118.6	1.1
Jan-23	120.6	120.1	-1.6
Feb-23	128.2	121.8	6.3
Mar-23	128.3	123.7	0.1
Apr-23	129.5	125.9	0.9
May-23	131.4	128.1	1.5
Jun-23	134.2	130.1	2.1
Jul-23	137.4	131.7	2.4
Aug-23	137.3	133.0	-0.1
Sep-23	138.7	133.9	1.1
Oct-23	138.4	134.2	-0.2
Nov-23	137.9	134.3	-0.4
Dec-23	139.7	134.3	1.3
Jan-24	137.5	134.3	-1.6
Feb-24	139.7	134.4	1.6
Mar-24	138.1	134.5	-1.1
Apr-24	140.4	134.8	1.6
May-24	140.0	135.6	-0.3
Jun-24	139.8	136.9	-0.2
Jul-24	142.6	138.7	2.0
Aug-24	144.7	140.6	1.5
Sep-24	149.7	142.5	3.5
Oct-24	149.6	144.2	-0.1

Business turnover indicator, Construction subdivisions, seasonally adjusted
Reference month	Building construction (pts)	Construction (pts)
Oct-22	108.2	121.9
Nov-22	107.1	121.2
Dec-22	106.0	122.5
Jan-23	103.3	120.6
Feb-23	113.9	128.2
Mar-23	111.3	128.3
Apr-23	113.6	129.5
May-23	118.3	131.4
Jun-23	120.0	134.2
Jul-23	126.7	137.4
Aug-23	126.3	137.3
Sep-23	126.6	138.7
Oct-23	128.8	138.4
Nov-23	126.2	137.9
Dec-23	129.1	139.7
Jan-24	124.5	137.5
Feb-24	127.0	139.7
Mar-24	127.1	138.1
Apr-24	126.2	140.4
May-24	126.8	140.0
Jun-24	125.9	139.8
Jul-24	123.7	142.6
Aug-24	127.2	144.7
Sep-24	130.4	149.7
Oct-24	127.9	149.6

Wholesale trade

Business turnover indicator, Wholesale trade
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	129.4	128.3	1.7
Nov-22	129.3	128.6	-0.1
Dec-22	130.0	128.6	0.5
Jan-23	127.4	128.7	-2.0
Feb-23	127.7	128.9	0.3
Mar-23	130.6	129.1	2.2
Apr-23	129.4	129.4	-0.9
May-23	130.8	129.8	1.0
Jun-23	129.1	130.3	-1.3
Jul-23	130.1	130.7	0.8
Aug-23	131.2	131.1	0.9
Sep-23	132.7	131.1	1.1
Oct-23	132.8	130.6	0.1
Nov-23	130.1	129.8	-2.0
Dec-23	128.3	128.9	-1.4
Jan-24	127.6	128.4	-0.6
Feb-24	128.3	128.4	0.5
Mar-24	128.7	128.9	0.3
Apr-24	132.7	129.7	3.2
May-24	130.3	130.4	-1.8
Jun-24	130.2	130.8	-0.1
Jul-24	132.6	130.9	1.9
Aug-24	131.5	130.9	-0.9
Sep-24	130.0	130.9	-1.2
Oct-24	131.9	130.8	1.5

Business turnover indicator, Wholesale trade subdivisions, seasonally adjusted
Reference month	Basic material wholesaling (pts)	Machinery and equipment wholesaling (pts)	Motor vehicle and motor vehicle parts wholesaling (pts)	Grocery, liquor and tobacco product wholesaling (pts)	Other goods wholesaling (pts)	Commission-based wholesaling (pts)	Wholesale trade (pts)
Oct-22	139.9	133.0	120.7	116.4	136.1	92.3	129.4
Nov-22	139.6	133.5	122.2	113.3	135.6	96.0	129.3
Dec-22	142.5	133.5	122.2	114.7	133.9	94.3	130.0
Jan-23	130.5	136.8	120.3	114.4	134.2	101.4	127.4
Feb-23	127.5	141.1	124.9	114.7	133.8	79.5	127.7
Mar-23	140.6	144.5	121.6	114.5	125.6	81.5	130.6
Apr-23	132.0	143.7	126.4	113.9	133.2	72.2	129.4
May-23	128.6	147.3	131.4	115.0	134.3	79.3	130.8
Jun-23	123.9	146.7	136.4	114.3	126.9	74.6	129.1
Jul-23	127.8	144.7	135.2	112.4	134.7	72.1	130.1
Aug-23	129.8	144.4	141.7	110.8	131.8	77.5	131.2
Sep-23	129.1	146.6	147.9	110.7	131.2	80.8	132.7
Oct-23	133.9	145.7	143.9	110.5	132.0	68.8	132.8
Nov-23	125.0	144.6	143.2	111.7	131.7	69.2	130.1
Dec-23	125.1	144.2	137.0	109.1	130.5	66.9	128.3
Jan-24	121.5	143.5	137.2	110.1	133.8	59.8	127.6
Feb-24	124.8	143.9	131.9	109.6	136.2	72.8	128.3
Mar-24	124.1	140.7	140.7	109.6	134.3	73.7	128.7
Apr-24	132.5	145.7	142.1	110.8	136.4	70.4	132.7
May-24	126.3	144.3	139.3	111.9	135.6	71.4	130.3
Jun-24	124.7	146.5	138.6	111.9	135.4	69.4	130.2
Jul-24	128.4	149.5	141.4	113.1	135.4	70.8	132.6
Aug-24	124.9	148.2	138.1	114.8	139.2	70.3	131.5
Sep-24	124.0	146.7	136.3	111.6	137.7	72.1	130.0
Oct-24	125.4	151.4	139.4	111.5	136.6	73.9	131.9

Retail trade

Business turnover indicator, Retail trade
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts) (a)	Monthly percentage change, seasonally adjusted (%)
Oct-22	140.7	140.7	-1.2
Nov-22	143.0	140.3	1.6
Dec-22	140.3	140.0	-1.9
Jan-23	141.3	140.1	0.7
Feb-23	140.3	140.3	-0.7
Mar-23	140.7	140.3	0.2
Apr-23	141.3	140.3	0.4
May-23	139.8		-1.1
Jun-23	138.5	139.1	-0.9
Jul-23	137.5	140.3	-0.8
Aug-23	143.5	141.8	4.4
Sep-23	146.4	143.0	2.0
Oct-23	144.6	143.7	-1.2
Nov-23	146.6	143.8	1.4
Dec-23	140.8	143.6	-4.0
Jan-24	143.8	143.7	2.1
Feb-24	144.6	144.4	0.6
Mar-24	145.5	145.5	0.6
Apr-24	148.5	146.4	2.1
May-24	149.3	146.6	0.5
Jun-24	147.0	146.1	-1.5
Jul-24	144.6	145.0	-1.7
Aug-24	144.1	143.8	-0.3
Sep-24	142.8	142.7	-0.9
Oct-24	142.4	141.7	-0.3

Business turnover indicator, Retail trade subdivisions, seasonally adjusted
Reference month	Motor vehicle and motor vehicle parts retailing (pts)	Food retailing (pts)	Other store-based retailing (pts)	Non-store retailing and retail commission-based buying and/or selling (pts)	Retail trade (pts)
Oct-22	136.2	136.6	128.3	188.4	140.7
Nov-22	135.9	135.0	129.5	192.9	143.0
Dec-22	137.3	136.7	128.3	187.8	140.3
Jan-23	136.2	137.2	131.0	179.1	141.3
Feb-23	138.0	138.9	127.7	176.3	140.3
Mar-23	133.4	139.0	129.1	175.6	140.7
Apr-23	141.0	140.2	127.8	177.3	141.3
May-23	143.4	134.2	128.9	182.1	139.8
Jun-23	145.5	134.0	125.3	182.7	138.5
Jul-23	143.3	133.8	127.6	181.3	137.5
Aug-23	153.9	134.9	126.2	176.3	143.5
Sep-23	160.5	133.4	129.5	182.7	146.4
Oct-23	158.2	133.2	127.8	184.2	144.6
Nov-23	158.2	136.1	133.2	192.3	146.6
Dec-23	157.8	136.0	123.6	179.9	140.8
Jan-24	151.0	137.4	129.4	196.6	143.8
Feb-24	154.6	136.0	130.6	195.7	144.6
Mar-24	153.2	141.2	128.3	198.4	145.5
Apr-24	152.6	142.4	131.2	197.9	148.5
May-24	153.5	150.3	130.1	196.9	149.3
Jun-24	145.4	151.3	130.3	198.3	147.0
Jul-24	154.4	140.4	128.3	201.7	144.6
Aug-24	153.7	142.0	129.1	209.4	144.1
Sep-24	154.7	141.7	127.4	204.0	142.8
Oct-24	154.7	140.5	129.9	217.8	142.4

Accommodation and food services

Business turnover indicator, Accommodation and food services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	124.4	127.5	-1.4
Nov-22	125.2	128.4	0.7
Dec-22	127.2	129.4	1.5
Jan-23	128.2	130.6	0.8
Feb-23	129.3	131.7	0.9
Mar-23	129.6	132.4	0.2
Apr-23	129.4	132.9	-0.2
May-23	131.7	133.3	1.8
Jun-23	131.0	133.6	-0.5
Jul-23	130.3	134.0	-0.5
Aug-23	131.2	134.6	0.6
Sep-23	133.7	135.3	1.9
Oct-23	132.7	136.2	-0.7
Nov-23	133.9	137.2	0.9
Dec-23	135.8	137.9	1.5
Jan-24	135.7	138.3	-0.1
Feb-24	136.0	138.5	0.2
Mar-24	135.7	138.8	-0.2
Apr-24	135.1	139.1	-0.4
May-24	135.6	139.7	0.4
Jun-24	139.4	140.5	2.8
Jul-24	138.8	141.4	-0.4
Aug-24	138.9	142.3	0.0
Sep-24	139.0	143.1	0.1
Oct-24	142.1	143.8	2.2

Business turnover indicator, Accommodation and food services subdivisions, seasonally adjusted
Reference month	Accommodation (pts)	Food and beverage services (pts)	Accommodation and food services (pts)
Oct-22	115.8	126.8	124.4
Nov-22	121.5	126.3	125.2
Dec-22	118.8	129.5	127.2
Jan-23	118.9	130.8	128.2
Feb-23	118.3	132.4	129.3
Mar-23	118.7	132.6	129.6
Apr-23	122.0	131.4	129.4
May-23	121.2	134.6	131.7
Jun-23	127.2	132.0	131.0
Jul-23	120.8	133.0	130.3
Aug-23	117.6	134.9	131.2
Sep-23	127.6	135.4	133.7
Oct-23	126.5	134.5	132.7
Nov-23	125.8	136.1	133.9
Dec-23	129.6	137.6	135.8
Jan-24	131.2	137.0	135.7
Feb-24	132.7	136.9	136.0
Mar-24	128.3	137.8	135.7
Apr-24	126.4	137.6	135.1
May-24	128.8	137.5	135.6
Jun-24	130.5	141.8	139.4
Jul-24	130.7	141.1	138.8
Aug-24	130.6	141.2	138.9
Sep-24	133.0	140.6	139.0
Oct-24	134.0	144.3	142.1

Transport, postal and warehousing

Business turnover indicator, Transport, postal and warehousing
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	132.3	131.1	1.2
Nov-22	132.1	130.1	-0.1
Dec-22	128.6	128.7	-2.6
Jan-23	125.9	127.2	-2.1
Feb-23	125.8	125.9	-0.1
Mar-23	125.9	124.8	0.1
Apr-23	122.6	124.0	-2.6
May-23	124.4	123.5	1.4
Jun-23	124.0	123.3	-0.3
Jul-23	122.2	123.2	-1.4
Aug-23	123.2	123.3	0.8
Sep-23	124.6	123.7	1.2
Oct-23	124.6	124.3	0.0
Nov-23	124.1	125.3	-0.4
Dec-23	125.8	126.6	1.4
Jan-24	128.8	127.8	2.3
Feb-24	129.4	128.8	0.5
Mar-24	129.7	129.4	0.2
Apr-24	131.2	129.7	1.1
May-24	129.1	130.0	-1.6
Jun-24	128.2	130.2	-0.7
Jul-24	131.1	130.7	2.3
Aug-24	132.0	131.2	0.7
Sep-24	134.0	131.6	1.5
Oct-24	129.8	131.8	-3.1

Business turnover indicator, Transport, postal and warehousing subdivisions, seasonally adjusted
Reference month	Road transport (pts)	Rail transport (pts)	Other transport (pts)	Postal and courier pick-up and delivery services (pts)	Transport support services (pts)	Warehousing and storage services (pts)	Transport, postal and warehousing (pts)
Oct-22	129.6	114.9	92.0	155.8	151.5	160.3	132.3
Nov-22	131.6	120.1	91.6	160.6	150.9	151.1	132.1
Dec-22	131.9	123.0	92.6	159.7	146.7	131.1	128.6
Jan-23	132.3	134.6	95.5	164.1	139.3	139.6	125.9
Feb-23	131.9	127.2	91.0	161.4	136.9	151.4	125.8
Mar-23	133.3	142.7	90.0	158.3	135.6	141.2	125.9
Apr-23	131.3	129.6	91.6	154.8	133.0	132.5	122.6
May-23	134.3	127.7	92.3	160.3	132.5	133.7	124.4
Jun-23	133.6	132.8	95.3	159.4	128.8	129.8	124.0
Jul-23	129.7	135.4	92.2	157.7	127.3	124.6	122.2
Aug-23	134.2	134.3	89.9	163.5	125.1	104.5	123.2
Sep-23	136.3	140.8	91.2	162.5	124.5	120.9	124.6
Oct-23	139.7	136.6	93.1	155.7	124.5	120.4	124.6
Nov-23	142.2	139.1	94.8	167.7	126.4	119.4	124.1
Dec-23	134.0	140.2	93.6	167.9	127.7	111.0	125.8
Jan-24	139.4	136.9	93.4	168.0	132.4	106.2	128.8
Feb-24	137.6	138.9	95.3	166.7	135.1	106.8	129.4
Mar-24	137.0	136.9	100.3	166.4	134.9	123.0	129.7
Apr-24	139.6	136.9	97.6	170.7	140.4	100.9	131.2
May-24	141.1	143.4	99.9	168.2	132.0	102.4	129.1
Jun-24	136.9	138.2	103.5	173.6	133.4	101.0	128.2
Jul-24	143.8	132.4	109.3	176.0	140.3	107.7	131.1
Aug-24	142.9	132.0	112.0	165.7	134.4	115.0	132.0
Sep-24	146.6	135.7	104.1	175.1	136.4	117.3	134.0
Oct-24	145.5	139.2	109.5	170.8	138.7	112.0	129.8

Information media and telecommunications

Business turnover indicator, Information media and telecommunications
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	117.5	118.6	1.6
Nov-22	117.8	119.1	0.3
Dec-22	118.9	119.4	0.9
Jan-23	116.7	119.6	-1.9
Feb-23	119.3	120.0	2.3
Mar-23	119.6	120.7	0.2
Apr-23	115.6	121.6	-3.3
May-23	122.3	122.5	5.8
Jun-23	125.7	123.4	2.7
Jul-23	122.5	123.9	-2.6
Aug-23	118.0	124.1	-3.6
Sep-23	124.9	123.9	5.8
Oct-23	122.3	123.7	-2.1
Nov-23	122.1	123.7	-0.2
Dec-23	121.5	124.2	-0.4
Jan-24	123.6	125.2	1.7
Feb-24	123.9	126.6	0.3
Mar-24	128.3	128.4	3.5
Apr-24	126.5	130.4	-1.3
May-24	130.2	132.0	2.9
Jun-24	135.0	132.8	3.7
Jul-24	131.4	133.0	-2.6
Aug-24	128.4	132.8	-2.3
Sep-24	132.0	132.3	2.8
Oct-24	128.3	131.9	-2.8

Business turnover indicator, Information media and telecommunications subdivisions, seasonally adjusted
Reference month	Publishing (except internet and music publishing) (pts)	Motion picture and sound recording activities (pts)	Broadcasting (except internet) (pts)	Telecommunications services (pts)	Internet service providers, web search portals and data processing services (pts)	Information media and telecommunications (pts)
Oct-22	243.1	127.1	98.5	96.2	92.0	117.5
Nov-22	251.2	118.7	97.7	95.7	93.5	117.8
Dec-22	258.6	116.7	92.1	97.0	95.9	118.9
Jan-23	272.0	115.2	93.5	90.8	91.7	116.7
Feb-23	251.6	115.6	92.8	99.1	94.4	119.3
Mar-23	268.7	119.8	94.5	94.9	96.4	119.6
Apr-23	259.5	109.5	83.7	93.6	95.0	115.6
May-23	278.7	120.4	93.7	96.2	104.2	122.3
Jun-23	309.0	122.8	88.2	97.2	101.0	125.7
Jul-23	297.3	122.3	91.7	92.9	103.4	122.5
Aug-23	283.3	121.5	90.1	89.1	101.2	118.0
Sep-23	294.4	125.4	91.0	97.4	102.6	124.9
Oct-23	290.4	112.3	90.0	94.2	108.7	122.3
Nov-23	286.8	113.7	83.6	95.4	111.4	122.1
Dec-23	292.0	122.0	75.9	93.7	113.1	121.5
Jan-24	297.3	118.4	86.4	94.0	115.8	123.6
Feb-24	308.2	116.3	81.4	95.6	101.5	123.9
Mar-24	321.4	114.3	87.5	96.1	119.7	128.3
Apr-24	329.2	113.5	82.0	92.0	124.6	126.5
May-24	342.8	113.8	84.8	94.9	123.4	130.2
Jun-24	348.0	116.3	90.9	100.1	124.4	135.0
Jul-24	343.8	113.3	87.6	96.2	123.1	131.4
Aug-24	315.0	121.5	88.7	94.5	131.1	128.4
Sep-24	327.2	123.3	88.2	96.3	140.8	132.0
Oct-24	322.1	119.7	85.1	94.2	130.7	128.3

Professional, scientific and technical services

Business turnover indicator, Professional, scientific and technical services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	120.1	118.4	2.4
Nov-22	117.6	119.0	-2.1
Dec-22	120.1	119.4	2.1
Jan-23	117.4	119.7	-2.2
Feb-23	120.1	120.2	2.3
Mar-23	120.7	120.7	0.5
Apr-23	121.4	121.3	0.5
May-23	122.4	121.9	0.8
Jun-23	120.8	122.3	-1.3
Jul-23	122.8	122.8	1.6
Aug-23	123.0	123.2	0.2
Sep-23	123.2	123.8	0.1
Oct-23	124.2	124.2	0.8
Nov-23	125.0	124.5	0.6
Dec-23	123.8	124.6	-0.9
Jan-24	125.6	124.7	1.5
Feb-24	123.8	125.0	-1.5
Mar-24	123.7	125.7	-0.1
Apr-24	127.4	126.6	3.0
May-24	126.8	127.6	-0.5
Jun-24	129.4	128.5	2.0
Jul-24	129.3	129.0	-0.1
Aug-24	128.9	129.3	-0.3
Sep-24	128.6	129.3	-0.2
Oct-24	128.3	129.2	-0.2

Business turnover indicator, Professional, scientific and technical services subdivisions, seasonally adjusted
Reference month	Professional, scientific and technical services (except computer system design and related services) (pts)	Computer system design and related services (pts)	Professional, scientific and technical services (pts)
Oct-22	118.1	126.5	120.1
Nov-22	115.0	125.8	117.6
Dec-22	118.4	125.6	120.1
Jan-23	114.8	126.0	117.4
Feb-23	117.7	127.9	120.1
Mar-23	119.0	126.4	120.7
Apr-23	119.9	125.9	121.4
May-23	119.2	132.5	122.4
Jun-23	119.1	126.1	120.8
Jul-23	120.6	129.6	122.8
Aug-23	120.9	130.0	123.0
Sep-23	120.1	132.9	123.2
Oct-23	122.4	129.9	124.2
Nov-23	122.7	132.2	125.0
Dec-23	121.9	129.8	123.8
Jan-24	123.8	131.6	125.6
Feb-24	122.9	126.7	123.8
Mar-24	120.7	133.3	123.7
Apr-24	125.3	134.2	127.4
May-24	126.3	128.4	126.8
Jun-24	126.2	139.6	129.4
Jul-24	126.9	137.1	129.3
Aug-24	125.6	139.5	128.9
Sep-24	126.8	134.5	128.6
Oct-24	125.9	136.3	128.3

Administrative and support services

Business turnover indicator, Administrative and support services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	107.8	106.6	2.5
Nov-22	107.1	107.9	-0.7
Dec-22	109.0	109.0	1.9
Jan-23	110.1	109.8	1.0
Feb-23	111.4	110.3	1.2
Mar-23	112.5	110.5	1.0
Apr-23	108.5	110.7	-3.6
May-23	111.4	111.0	2.7
Jun-23	110.8	111.4	-0.5
Jul-23	113.4	111.9	2.3
Aug-23	112.8	112.3	-0.5
Sep-23	113.9	112.5	1.0
Oct-23	111.1	112.5	-2.5
Nov-23	113.4	112.5	2.1
Dec-23	112.8	112.7	-0.5
Jan-24	112.5	113.3	-0.3
Feb-24	114.1	113.9	1.4
Mar-24	115.5	114.5	1.2
Apr-24	116.6	114.9	1.0
May-24	114.5	115.0	-1.8
Jun-24	115.1	115.0	0.5
Jul-24	114.9	114.9	-0.2
Aug-24	114.8	115.0	0.0
Sep-24	115.9	115.1	1.0
Oct-24	116.0	115.3	0.1

Arts and recreation services

Business turnover indicator, Arts and recreation services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	134.7	135.4	3.9
Nov-22	132.9	135.5	-1.3
Dec-22	126.5	134.9	-4.8
Jan-23	126.9	134.3	0.3
Feb-23	128.5	134.1	1.3
Mar-23	132.1	134.8	2.8
Apr-23	132.2	135.8	0.1
May-23	130.5	136.9	-1.3
Jun-23	133.3	137.4	2.1
Jul-23	132.0	137.4	-1.0
Aug-23	133.1	137.0	0.9
Sep-23	133.4	136.7	0.2
Oct-23	130.3	136.9	-2.3
Nov-23	129.7	137.8	-0.5
Dec-23	135.5	139.1	4.5
Jan-24	133.6	140.5	-1.5
Feb-24	141.9	141.5	6.2
Mar-24	137.5	141.8	-3.1
Apr-24	133.5	141.5	-2.9
May-24	136.7	141.0	2.4
Jun-24	134.3	141.1	-1.8
Jul-24	137.0	142.0	2.0
Aug-24	137.4	143.4	0.3
Sep-24	140.3	145.0	2.1
Oct-24	143.7	146.7	2.4

Business turnover indicator, Arts and recreation services subdivisions, seasonally adjusted
Reference month	Sports and recreation activities (pts)	Gambling activities (pts)	Arts and recreation services (pts)
Oct-22	125.4	147.1	134.7
Nov-22	136.3	132.5	132.9
Dec-22	126.2	128.1	126.5
Jan-23	126.8	129.1	126.9
Feb-23	129.0	128.7	128.5
Mar-23	132.7	130.5	132.1
Apr-23	130.0	138.8	132.2
May-23	133.3	133.1	130.5
Jun-23	131.1	135.3	133.3
Jul-23	132.3	136.1	132.0
Aug-23	132.0	137.0	133.1
Sep-23	130.2	140.8	133.4
Oct-23	129.3	134.8	130.3
Nov-23	127.6	135.5	129.7
Dec-23	133.9	141.6	135.5
Jan-24	123.0	148.2	133.6
Feb-24	133.3	155.7	141.9
Mar-24	132.9	141.3	137.5
Apr-24	135.2	136.5	133.5
May-24	127.3	149.0	136.7
Jun-24	133.9	138.5	134.3
Jul-24	137.7	139.7	137.0
Aug-24	132.3	146.9	137.4
Sep-24	139.8	143.4	140.3
Oct-24	138.5	152.7	143.7

Other services

Business turnover indicator, Other services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Oct-22	118.8	119.4	2.7
Nov-22	122.4	120.9	3.0
Dec-22	120.8	122.4	-1.3
Jan-23	124.8	124.0	3.3
Feb-23	125.1	125.8	0.2
Mar-23	126.7	127.6	1.3
Apr-23	127.6	129.2	0.7
May-23	131.9	130.3	3.4
Jun-23	132.5	130.8	0.4
Jul-23	131.0	130.9	-1.1
Aug-23	127.4	130.8	-2.7
Sep-23	130.6	130.6	2.5
Oct-23	129.9	130.6	-0.5
Nov-23	132.3	130.8	1.8
Dec-23	130.4	131.2	-1.4
Jan-24	131.0	131.5	0.5
Feb-24	131.8	131.8	0.6
Mar-24	129.9	132.1	-1.5
Apr-24	134.1	132.5	3.2
May-24	133.6	133.2	-0.3
Jun-24	132.4	134.1	-0.9
Jul-24	133.7	135.1	1.0
Aug-24	136.0	136.2	1.7
Sep-24	138.5	137.4	1.9
Oct-24	138.5	138.2	0.0

Data downloads

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Time series spreadsheets

Data files

Table 01: Business turnover indicator, 13-industry summary - Monthly percentage change and index
Download xlsx [141.93 KB]
Table 02: Business turnover indicator, Mining - Monthly percentage change and index
Download xlsx [87.36 KB]
Table 03: Business turnover indicator, Manufacturing - Monthly percentage change and index
Download xlsx [98.26 KB]
Table 04: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index
Download xlsx [59.98 KB]
Table 05: Business turnover indicator, Construction - Monthly percentage change and index
Download xlsx [59.49 KB]
Table 06: Business turnover indicator, Wholesale trade - Monthly percentage change and index
Download xlsx [93.75 KB]
Table 07: Business turnover indicator, Retail trade - Monthly percentage change and index
Download xlsx [83.48 KB]
Table 08: Business turnover indicator, Accommodation and food services - Monthly percentage change and index
Download xlsx [69.92 KB]
Table 09: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index
Download xlsx [94.37 KB]
Table 10: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index
Download xlsx [87.92 KB]
Table 11: Business turnover indicator, Professional, scientific and technical services - Monthly percentage change and index
Download xlsx [65.69 KB]
Table 12: Business turnover indicator, Administrative support services - Monthly percentage change and index
Download xlsx [52.99 KB]
Table 13: Business turnover indicator, Arts and recreation services - Monthly percentage change and index
Download xlsx [70.82 KB]
Table 14: Business turnover indicator, Other services - Monthly percentage change and index
Download xlsx [53.14 KB]

Data Explorer datasets

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Business Turnover Indicator - Monthly percentage changes and indexes, January 2010 onwards

Methodology

Monthly Business Turnover Indicator methodology, October 2024

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APA

Monthly Business Turnover Indicator

APA

Key statistics

13-Industry aggregate

Industry analysis and charts

Mining

Manufacturing

Electricity, gas, water and waste services

Construction

Wholesale trade

Retail trade

Accommodation and food services

Transport, postal and warehousing

Information media and telecommunications

Professional, scientific and technical services

Administrative and support services

Arts and recreation services

Other services

Data downloads

Time series spreadsheets

Table 01: Business turnover indicator, 13-industry summary - Monthly percentage change and index

Table 02: Business turnover indicator, Mining - Monthly percentage change and index

Table 03: Business turnover indicator, Manufacturing - Monthly percentage change and index

Table 04: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index

Table 05: Business turnover indicator, Construction - Monthly percentage change and index

Table 06: Business turnover indicator, Wholesale trade - Monthly percentage change and index

Table 07: Business turnover indicator, Retail trade - Monthly percentage change and index

Table 08: Business turnover indicator, Accommodation and food services - Monthly percentage change and index

Table 09: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index

Table 10: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index

Table 11: Business turnover indicator, Professional, scientific and technical services - Monthly percentage change and index

Table 12: Business turnover indicator, Administrative support services - Monthly percentage change and index

Table 13: Business turnover indicator, Arts and recreation services - Monthly percentage change and index

Table 14: Business turnover indicator, Other services - Monthly percentage change and index

Data Explorer datasets

Methodology

Media releases

Turnover falls for electricity and gas providers in October

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