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Friday, 30 October 2020

Australia Final Demand Producer Prices Rise 0.4% In Q3

Final demand producer prices in Australia were up 0.4 percent on quarter in the third quarter of 2020, the Australian Bureau of Statistics said on Friday - following the 1.2 percent drop in the previous three months.

On a yearly basis, producer prices were down 0.4 percent - steady from the three months prior.

Prices were higher among childcare services (+48.7 percent), petroleum refining and petroleum fuel manufacturing (+10.7 percent), and commercial fishing (+12.5 percent).

Prices were lower for computer and electronic equipment (-7.7 percent), other transport equipment (-6.0 percent) and clothing manufacturing (-8.4 percent).


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2166266/

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