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- Australian producer price index rose less than expected in Q2
Australian producer price index rose less than expected in Q2
Final demand (excl. Exports):
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Rose 0.3% in the june quarter 2018.
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Mainly due to rises in the prices received for heavy and civil engineering construction (+1.5%), building construction (+1.2%) and petroleum refining and petroleum fuel manufacturing (+11.9%).
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Partly offset by falls in the prices received for other agriculture (-2.9%), fishing (-18.9%) and professional and scientific equipment manufacturing (-2.3%).
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Rose 1.5% through the year to the june quarter 2018.
Intermediate demand:
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Rose 0.9% in the june quarter 2018.
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Mainly due to rises in the prices received for petroleum refining and petroleum fuel manufacturing (+11.0%), oil and gas extraction (+9.6%) and sheep, beef cattle and grain farming; and dairy cattle farming (+4.3%).
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Partly offset by falls in the prices received for real estate services (-2.8%), fishing (-9.2%) and accommodation (-6.4%).
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Rose 4.1% through the year to the june quarter 2018.
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