Final demand producer prices were up 0.3 percent on quarter in the fourth quarter of 2019, the Australian Bureau of Statistics said on Friday - slowing from 0.4 percent in the three months prior.
On a yearly basis, producer prices climbed 1.4 percent - also down, from 1.6 percent in the previous quarter.
Individually, there were rises in accommodation (+5.7 percent), petroleum refining and petroleum fuel manufacturing (+4.9 percent) and other agriculture (+4.1 percent).
These were offset by falls in sugar and confectionary manufacturing (-4.6 percent) and dairy product manufacturing (-1.4 percent).
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2150876/
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