Q3 PPI:
For the q/q, +0.2%
- prior was -0.1%
For the y/y, +1.2%
- prior was +2.3%
These figures only come out once a quarter in Australia, not a high-priority item. Check out that y/y … lowest since Q2 of 2013. Little inflation pressure in Australia. Let's get some macroprudential tools action on the housing sector and then how about a rate cut Mr. Stevens? Why not?
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in