Final demand producer prices in Australia advanced 0.9 percent on quarter in the third quarter of 2015, the Australian Bureau of Statistics said on Friday - following the 0.3 percent gain in Q2.
The increase was mainly due to rises in the prices received for building construction (+0.7 percent), computer and electronic equipment manufacturing (+3.7 percent) and sheep, beef cattle grain farming and dairy farming (+14.0 percent).
The gains were partly offset by falls in the prices received for petroleum refining and petroleum fuel manufacturing (-8.9 percent) and electricity, gas and water supply (-1.1 percent).
On a yearly basis, prices climbed 1.7 percent - accelerating from 1.1 percent in the three months prior.
Individually, domestic prices added 0.6 percent on quarter and 1.0 percent on year, while import prices jumped 3.1 percent on quarter and 10.3 percent on year.
Intermediate demand prices added 0.7 percent on quarter and 0.9 percent on year.
The gains were mainly due to rises in the prices received for textile, clothing, footwear and leather manufacturing (+4.3 percent) and sheep, beef cattle grain farming and dairy farming (+8.8 percent).
The gains were partly offset by falls in the prices received for electricity, gas and water supply (-3.0 percent) and petroleum refining and petroleum fuel manufacturing (-9.0 percent).
Domestic prices gained 0.4 percent both on quarter and on year, while import prices climbed 2.4 percent on quarter and 3.6 percent on year.
Preliminary demand prices gained 0.6 percent on quarter and were flat on year.
The gains were mainly due to rises in the prices received for textile, clothing, footwear and leather manufacturing (+4.1 percent) and sheep, beef cattle grain farming and dairy farming (+8.9 percent).
The gains were partly offset by falls in the prices received for electricity, gas and water supply (-3.1 percent) and oil and gas extraction (-11.1 percent).
Domestic prices were up 0.3 percent on quarter and down 0.1 percent on year, while import prices climbed 2.0 percent on quarter and down 0.1 percent on year.
Also on Friday, the Reserve Bank of Australia said the private sector credit in Australia was up 0.8 percent on month in September.
That beat forecasts for an increase of 0.5 percent and was up from 0.6 percent in August.
On a yearly basis, credit climbed 6.7 percent - also topping expectations for 6.3 percent, which would have been unchanged.
Housing credit added 0.6 percent on month and 7.5 percent on year, while personal credit added 0.1 percent on month and 0.5 percent on year and business credit jumped 1.2 percent on month and 6.3 percent on year.
The M3 money stock added 0.4 percent on month and 6.3 percent on year, while broad money gained 0.3 percent on month and 6.4 percent on year.
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