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Producer Price Index jumps in December quarter

Published 01/02/2019, 12:10 pm
December key figures

December key figures

Stage of production final demand

DECEMBER KEY POINTS

FINAL DEMAND (EXCL. EXPORTS)

  • rose 0.5% in the December quarter 2018.
  • mainly due to rises in the prices received for Heavy and civil engineering construction (+1.0%), Building construction (+0.4%) and Accommodation (+3.8%).
  • partly offset by falls in the prices received for Petroleum refining and petroleum fuel manufacturing (-10.6%) and Bakery product manufacturing (-2.7%).
  • rose 2.0% through the year to the December quarter 2018.

INTERMEDIATE DEMAND

  • rose 0.4% in the December quarter 2018.
  • mainly due to rises in the prices received for Textile, leather, clothing and footwear manufacturing (+1.6%), Other agriculture (+4.9%) and Meat and meat product manufacturing (+2.3%).
  • partly offset by falls in the prices received for Petroleum refining and petroleum fuel manufacturing (-2.0%), Basic non-ferrous metal manufacturing (-3.2%) and Oil and gas extraction (-1.7%).
  • rose 3.8% through the year to the December quarter 2018.

PRELIMINARY DEMAND

  • rose 0.4% in the December quarter 2018.
  • mainly due to rises in the prices received for Textile, leather, clothing and footwear manufacturing (+1.6%), Other agriculture (+4.3%) and Other transport equipment manufacturing (+4.0%).
  • partly offset by falls in the prices received for Petroleum refining and petroleum fuel manufacturing (-3.4%) and Sheep, beef cattle and grain farming; and dairy cattle farming (-1.4%) and Oil and gas extraction (-1.3%).
  • rose 4.3% through the year to the December quarter 2018.

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