The final demand producer price index in Australia dropped 1.2 percent quarter-on-quarter in the three months to June 2020, following a 0.2 percent gain in the previous period. This was the first decline in producer prices since the first quarter 2016, amid coronavirus pandemic.There were decreases in prices received for petroleum refining and petroleum fuel manufacturing (-30.1 percent); child care services (-36.7 percent) and other agriculture (-6.4 percent). Partially offsetting the rises were other transport equipment (3.6 percent), computer and electronic equipment (3.1 percent) and motor vehicle and motor vehicle part manufacturing (1.2 percent). Through the year to June 2020, the index fell by 0.4 percent, the first decrease since the first quarter 2010. source: Australian Bureau of Statistics

Producer Prices in Australia averaged 92.71 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Australia Producer Prices

Actual Previous Highest Lowest Dates Unit Frequency
111.20 112.60 112.60 70.70 1998 - 2020 points Quarterly
2011-2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-01 12:30 AM Q3 0.4% 0.4% 0.3% 0.6%
2020-01-31 12:30 AM Q4 0.3% 0.4% 0.3% 0.5%
2020-05-01 01:30 AM Q1 0.2% 0.3% 0.2%
2020-07-31 01:30 AM Q2 -1.2% 0.2% -1.8%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Australia Producer Prices Fall for 1st Time Since 2016
The final demand producer price index in Australia dropped 1.2 percent quarter-on-quarter in the three months to June 2020, following a 0.2 percent gain in the previous period. This was the first decline in producer prices since the first quarter 2016, amid coronavirus pandemic.There were decreases in prices received for petroleum refining and petroleum fuel manufacturing (-30.1 percent); child care services (-36.7 percent) and other agriculture (-6.4 percent). Partially offsetting the rises were other transport equipment (3.6 percent), computer and electronic equipment (3.1 percent) and motor vehicle and motor vehicle part manufacturing (1.2 percent). Through the year to June 2020, the index fell by 0.4 percent, the first decrease since the first quarter 2010.
2020-07-31
Australia Q1 Producer Prices Rise the Least in 2-1/2 Years
The final demand producer price index in Australia advanced 0.2 percent quarter-on-quarter in the three months to March 2020, the least since the third quarter of 2017, following a 0.3 percent rise in the previous period. There were increases in prices received for other agriculture (11.2 percent); tertiary education (1.6 percent); and electricity supply; gas supply; and water supply, sewerage and drainage services (1.1 percent). Partially offsetting the rises were petroleum refining and petroleum fuel manufacturing (-14.1 percent), and accommodation (-5.6 percent). Through the year to March 2020, the index rose by 1.3 percent, the least since the first quarter 2017.
2020-05-01
Australia Producer Inflation Falls to 1-1/2-Year Low in Q4
The final demand producer price index in Australia advanced 0.3 percent quarter-on-quarter in the three months to December 2019, the lowest since the second quarter of 2018, slowing from a 0.4 percent rise in the previous period and in line with market expectations. Increases in prices received for accommodation (5.7 percent); petroleum refining and petroleum fuel manufacturing (4.9 percent) and other agriculture (4.1 percent) were partially offset by a decline in cost of sugar and confectionery manufacturing (-4.6 percent) and dairy product manufacturing (-1.4 percent). Year-on-year, producer prices went up 1.4 percent, the lowest since the first quarter of 2017, easing from a 1.6 percent gain in the prior period.
2020-01-31
Australia Producer Prices Rise More than Estimated
The final demand producer price index in Australia advanced 0.4 percent quarter-on-quarter in the three months to September 2019, the same pace as in the previous period but beating market expectations of a 0.3 percent rise. There were increases in prices received for heavy and civil engineering construction (0.6%), dairy product manufacturing (4.1%) and sheep, beef cattle and grain farming; and dairy cattle farming (5.2%) due to higher meat prices. Offsetting contributors were petroleum refining and petroleum fuel manufacturing (-3.9%), other transport equipment manufacturing (-2.0%) and other agriculture (-1.0%). Through the year to the third quarter, producer prices rose by 1.6 percent, after a 2 percent gain in the prior quarter.
2019-11-01

Australia Producer Prices
In Australia, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.