Is There More Inflation Waiting In The Wings?

The ABS Released their latest Producer Prices Indexes today. Contains a range of producer price indexes in the Australian economy, comprising mining, manufacturing, construction and services industries.
Final demand (excluding exports) rose 0.7% this quarter and rose 5.8% over the past twelve months.

These are intermediate price rises which will flow into inflation later suggests that in some sectors like construction, costs are set to rise further.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Leave a Reply