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- Australian producer price index rose 0.6% in Q4
Australian producer price index rose 0.6% in Q4
Final demand (excl. Exports):
Rose 0.6% in the december quarter 2017.
Mainly due to rises in the prices received for petroleum refining and petroleum fuel manufacturing (+11.9%), heavy and civil engineering construction (+0.7%) and building construction (+0.4%).
Partly offset by falls in the prices received for sugar and confectionery manufacturing (-3.9%), tobacco product manufacturing (-3.8%) and sheep, beef cattle and grain farming; and dairy cattle farming (-3.6%).
Rose 1.7% through the year to the december quarter 2017.
Intermediate demand:
Rose 1.2% in the december quarter 2017.
Mainly due to rises in the prices received for electricity, gas and water supply (+2.9%), petroleum refining and petroleum fuel manufacturing (+11.3%) and oil and gas extraction (+14.5%).
Partly offset by falls in the prices received for textile, leather, clothing and footwear manufacturing (-1.5%), motor vehicle and part manufacturing (-1.9%) and sugar and confectionery manufacturing (-7.6%).
Rose 3.1% through the year to the december quarter 2017.
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