Asian Economic News

Australia PPI Rises 0.3% In Q1

Final demand producer prices in Australia were up 0.3 percent in the first quarter of 2013 compared to the previous three months, the Australian Bureau of Statistics said on Friday.

That followed the 0.2 percent increase in the fourth quarter of 2012.

On a yearly basis, final demand producer prices added 1.6 percent after rising 1.0 percent in the three months prior.

by RTTNews Staff Writer

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