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Australia’s Producer Prices Rise 1.1% in September Quarter

The annual increase held at 3.6%, matching the rate recorded in the June quarter.

An unmarked industrial crate rests on a precision weighing scale / TokenPost.ai
An unmarked industrial crate rests on a precision weighing scale / TokenPost.ai

Australia’s final-demand Producer Price Index (PPI) rose 1.1% in the September quarter, while its annual rate held at 3.6%, keeping year-over-year producer inflation unchanged.

The quarterly increase slowed from 1.3% in the June quarter. The annual increase was also 3.6% in June.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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