Producer Prices in Australia increased 2 percent in December of 2018 over the same month in the previous year. Producer Prices Change in Australia averaged 2.28 percent from 1999 until 2018, reaching an all time high of 6.30 percent in the fourth quarter of 2008 and a record low of -1.50 percent in the fourth quarter of 2009.
Producer Prices Change in Australia is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Australia to stand at 1.60 in 12 months time. In the long-term, the Australia Producer Prices Change is projected to trend around 1.90 percent in 2020, according to our econometric models.