Australian business turnover rose 0.1% trend and 1.5% seasonally adjusted in April, with Professional, Scientific, & Technical Services leading at 5.5%.

Australian Bureau of Statistics reports a 0.1% rise in business turnover in trend terms for April, with a 1.5% increase in seasonally adjusted terms, the largest since September 2022. The Professional, Scientific, and Technical Services industry saw the most significant increase at 5.5%. Wholesale Trade and Transport, Postal, and Warehousing followed with 3.2% and 3.1% increases, respectively.