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- Australian producer price index rose less than expected in Q3
Australian producer price index rose less than expected in Q3
Final demand (excl. Exports):
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Rose 0.2% in the september quarter 2017.
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Mainly due to rises in the prices received for electricity, gas and water supply (+4.9%), heavy and civil engineering construction (+0.7%) and building construction (+0.3%).
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Partly offset by falls in the prices received for other agriculture (-11.6%), electronic equipment manufacturing (-4.5%) and meat and meat product manufacturing (-6.0%).
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Rose 1.6% through the year to the september quarter 2017.
Intermediate demand:
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Rose 0.6% in the september quarter 2017.
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Mainly due to rises in the prices received for electricity, gas and water supply (+3.3%), architectural, engineering and technical services (+2.1%) and real estate services (+2.3%).
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Partly offset by falls in the prices received for textile, leather, clothing and footwear manufacturing (-1.8%) computer and electronic equipment manufacturing (-5.9%) and meat and meat product manufacturing (-5.6%).
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Rose 2.5% through the year to the september quarter 2017.
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