The final demand producer price index in Australia rose by 0.4 percent quarter-on-quarter in the three months to September 2020, after a 1.2 percent fall in the previous period, as the economy recovered further from the COVID-19 crisis. There were rises in prices received for: child care services (48.7 percent), petroleum refining and petroleum fuel manufacturing (10.7 percent), and commercial fishing (12.5 percent). Partially offsetting the rises were computer and electronic equipment (-7.1 percent), other transport equipment (-6 percent), and clothing manufacturing (-8.4 percent). Through the year to the third quarter, the index fell by 0.4 percent, the second straight quarter of decrease since the first quarter 2010. source: Australian Bureau of Statistics
Producer Prices in Australia averaged 93.13 points from 1998 until 2020, reaching an all time high of 112.60 points in the first quarter of 2020 and a record low of 70.70 points in the first quarter of 1999. This page provides - Australia Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Producer Prices - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Producer Prices in Australia is expected to be 113.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in Australia to stand at 112.87 in 12 months time. In the long-term, the Australia Producer Prices is projected to trend around 115.45 points in 2021 and 118.11 points in 2022, according to our econometric models.