Australia Final Demand Producer Prices Rise 0.4% In Q3

Final demand producer prices in Australia were up 0.4 percent on quarter in the third quarter of 2020, the Australian Bureau of Statistics said on Friday – following the 1.2 percent drop in the previous three months.

On a yearly basis, producer prices were down 0.4 percent – steady from the three months prior.

Prices were higher among childcare services (+48.7 percent), petroleum refining and petroleum fuel manufacturing (+10.7 percent), and commercial fishing (+12.5 percent).

Prices were lower for computer and electronic equipment (-7.7 percent), other transport equipment (-6.0 percent) and clothing manufacturing (-8.4 percent).

The material has been provided by InstaForex Company – www.instaforex.com

The post Australia Final Demand Producer Prices Rise 0.4% In Q3 first appeared on Forex news forex trade.

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