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1 Aug 2014
Australian PPI Q2 falls into negative territory
FXStreet (Bali) - The Producer Price Index in Australia (QoQ) came at -0.1% vs +0.9% exp, while the YoY series was +2.3% vs +2.5% exp.
Q2 key points
FINAL DEMAND (EXCL. EXPORTS): fell 0.1% in the June quarter 2014. mainly due to falls in the prices received for other transport equipment manufacturing (-3.5%), computer and electronic equipment manufacturing (-3.4%) and other agriculture (-5.7%). partly offset by rises in the prices received for building construction (+1.2%) and pharmaceutical and medicinal product manufacturing (+5.2%). rose 2.3% through the year to the June quarter 2014.
INTERMEDIATE DEMAND: fell 0.5% in the June quarter 2014. mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-9.5%), oil and gas extraction (-4.1%) and coal mining (-10.1%). partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+6.5%) and printing and printing support services (+3.8%). rose 2.7% through the year to the June quarter 2014.
PRELIMINARY DEMAND: fell 0.8% in the June quarter 2014. mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-10.7%), metal ore mining (-6.8%) and oil and gas extraction (-4.1%). partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+4.5%) and printing and printing support services (+3.6%). rose 3.0% through the year to the June quarter 2014.
Q2 key points
FINAL DEMAND (EXCL. EXPORTS): fell 0.1% in the June quarter 2014. mainly due to falls in the prices received for other transport equipment manufacturing (-3.5%), computer and electronic equipment manufacturing (-3.4%) and other agriculture (-5.7%). partly offset by rises in the prices received for building construction (+1.2%) and pharmaceutical and medicinal product manufacturing (+5.2%). rose 2.3% through the year to the June quarter 2014.
INTERMEDIATE DEMAND: fell 0.5% in the June quarter 2014. mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-9.5%), oil and gas extraction (-4.1%) and coal mining (-10.1%). partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+6.5%) and printing and printing support services (+3.8%). rose 2.7% through the year to the June quarter 2014.
PRELIMINARY DEMAND: fell 0.8% in the June quarter 2014. mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-10.7%), metal ore mining (-6.8%) and oil and gas extraction (-4.1%). partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+4.5%) and printing and printing support services (+3.6%). rose 3.0% through the year to the June quarter 2014.