Monitor AU PPI q/q as it predicts consumer inflation trends, impacting Forex and equity markets.
This is a key indicator of consumer inflation; when producers increase prices on goods and services, these higher costs are typically passed down to consumers.
What it Measures
It reflects the change in prices of finished goods and services sold by manufacturers.
Usual Effect
A reported figure that surpasses the forecast is considered favorable for the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • Data is published quarterly, on the fourth Friday following the end of the quarter.
How Data is Derived
N/A
Also Known As
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Acronym
Producer Price Index (PPI)