Australian data – Q2 PPI +0.5% q/q (expected 0.9%) | Forexlive

Q2 PPI

+0.5% q/q, well under what was expected, slower inflation at the producer level

• expected 0.9%, prior 1.0%

3.9% y/y

• expected 3.9%, prior 5.2%

more to come

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Producer Price Index (PPI) is an economic indicator that measures the average change over time in the selling prices received by domestic producers for their output. It is a measure of inflation from the perspective of product manufacturers and service providers.