Australian PPI rose by 0.5%

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Friday, Apr 28 2017

Australian PPI rose by 0.5%

Australian PPI rose 0.5% in the March quarter 2017. The rise was mainly due to rises in the prices received for Electricity supply, gas supply; and water supply, sewerage and drainage services (+2.9%), Building construction (+0.5%) and Petroleum refining and petroleum fuel manufacturing (+6.8%).

It was partly offset by falls in the prices received for Specialised machinery and equipment manufacturing (-2.6%), Motor vehicle and motor vehicle part manufacturing (-0.8%) and Commercial fishing (-17.6%). rose 1.3% through the year to the March quarter 2017.

More in this category: « Unemployment Claims up to 257,000 UK GDP up by less than expected »

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