The final demand producer price index in Australia rose by 0.5 percent quarter-on-quarter in the three months to December 2020, after a 0.4 percent gain in the previous period. This was the second straight quarter of rise in the index and the highest reading in two years, as the economy recovered further from the COVID-19 hit. There were rises in prices received for: building construction (0.5 percent), child care services (7.9 percent), and accommodation (4.3 percent). Partially offsetting the rises were: machinery and equipment manufacturing (-2.4 percent), sugar and confectionery (-5.2 percent), and cigarette and tobacco manufacturing (-5.0 percent). Through the year to the fourth quarter, the index fell by 0.1 percent, the third straight quarter of decrease. source: Australian Bureau of Statistics

Producer Prices in Australia averaged 93.35 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 April of 2021.

Producer Prices in Australia is expected to be 112.65 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 113.98 in 12 months time. In the long-term, the Australia Producer Prices is projected to trend around 116.61 points in 2022 and 119.29 points in 2023, 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
112.30 111.70 112.60 70.70 1998 - 2020 points Quarterly
2011-2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
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%
2020-10-30 12:30 AM Q3 0.4% -1.2% 0.7%
2021-01-29 12:30 AM Q4 0.5% 0.4% 0.7%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Australia Q4 Producer Prices Rise the Most in 2 Years
The final demand producer price index in Australia rose by 0.5 percent quarter-on-quarter in the three months to December 2020, after a 0.4 percent gain in the previous period. This was the second straight quarter of rise in the index and the highest reading in two years, as the economy recovered further from the COVID-19 hit. There were rises in prices received for: building construction (0.5 percent), child care services (7.9 percent), and accommodation (4.3 percent). Partially offsetting the rises were: machinery and equipment manufacturing (-2.4 percent), sugar and confectionery (-5.2 percent), and cigarette and tobacco manufacturing (-5.0 percent). Through the year to the fourth quarter, the index fell by 0.1 percent, the third straight quarter of decrease.
2021-01-29
Australia Q3 Producer Prices Rise 0.4% QoQ
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.
2020-10-30
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 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.