The final demand producer price index in Australia increased by 1.6% qoq in Q1 2022, accelerating from a 1.3% rise in Q4 2021. This was the seventh straight quarter of rises in the index and the highest reading since Q3 2008, boosted by a faster economic recovery in the wake of COVID-19 disruptions. There were rises in prices received for output of building construction (3.0%), driven by increases for materials with supply constraints for timber and metals, high freight costs and skilled trade shortages; heavy and civil engineering construction (2.4%), due to rises in steel, crude oil and skilled trade shortages, along with ongoing increases in infrastructure investment; and petroleum refining and petroleum fuel manufacturing (17.6%), due to a rise in global crude oil prices and OPEC+ countries falling short of agreed production increases. Through the year to Q4, producer prices went up 4.9%, the most since Q4 2008. source: Australian Bureau of Statistics

Producer Price Inflation MoM in Australia averaged 0.54 percent from 1998 until 2022, reaching an all time high of 1.90 percent in the first quarter of 2008 and a record low of -1.20 percent in the second quarter of 2020. This page includes a chart with historical data for Australia Producer Price Inflation QoQ. Australia Producer Price Inflation QoQ - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

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Australia Producer Price Inflation QoQ


Australia Producer Price Inflation QoQ
In Australia, the Producer Price Inflation QoQ measures a quarter-over-quarter change in the price of goods and services sold by manufacturers and producers in the wholesale market.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.30 1.90 -1.20 1998 - 2022 percent Quarterly
NSA

News Stream
Australia Q1 Producer Inflation Highest Since 2008
The final demand producer price index in Australia increased by 1.6% qoq in Q1 2022, accelerating from a 1.3% rise in Q4 2021. This was the seventh straight quarter of rises in the index and the highest reading since Q3 2008, boosted by a faster economic recovery in the wake of COVID-19 disruptions. There were rises in prices received for output of building construction (3.0%), driven by increases for materials with supply constraints for timber and metals, high freight costs and skilled trade shortages; heavy and civil engineering construction (2.4%), due to rises in steel, crude oil and skilled trade shortages, along with ongoing increases in infrastructure investment; and petroleum refining and petroleum fuel manufacturing (17.6%), due to a rise in global crude oil prices and OPEC+ countries falling short of agreed production increases. Through the year to Q4, producer prices went up 4.9%, the most since Q4 2008.
2022-04-29
Australia Q4 Producer Prices Rise the Most in Over 8 Years
The final demand producer price index in Australia increased by 1.3% qoq in Q4 2021, after a 1.1% rise in Q3. This was the sixth straight quarter of rises in the index and the highest reading since Q3 2013, boosted by a faster economic recovery in the wake of COVID-19 disruptions. There were rises in prices received for output of building construction (2.9%), due to ongoing strong demand for housing and builders passing on rising material and labor costs; heavy and civil engineering construction (1.4%), due to rises in steel, oil; motor vehicle and motor vehicle part manufacturing (4.4%), due to ongoing shortages of semi-conductors and other components limiting production. Offsetting the rise were price falls in utilities and drainage services (-0.9%), due to higher electricity consumption spread over fixed costs; and sugar and confectionery manufacturing (4.4%), amid Christmas discounting. Through the year to Q4, producer prices went up 3.7%, the most since Q1 2009.
2022-01-28
Australia Producer Prices Rise the Most in 8 Years
The final demand producer price index in Australia increased by 1.1% qoq in Q3 2021, after a 0.7% rise in Q2. This was the fifth straight quarter of rise in the index and the highest reading since Q3 2013, boosted by a faster economic recovery in the wake of COVID-19 disruptions. There were rises in prices received for heavy and civil engineering construction (2.1%), due to rises in wages and materials supported by increased public sector investment stimulus; building construction (2.2%), due to builders continuing to pass through increases in material and trade prices, supported by continued strong demand for housing; and petroleum refining and petroleum fuel manufacturing (11.8%), due to rising global crude oil demand and delays in OPEC+ oil agreement to raise production. Offsetting the rise were falls in accommodation services (-5.5%), due to decreased domestic travel demand. Through the year to the third quarter, the index increased 2.9 percent, the highest since Q4 2011.
2021-10-29