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Producer Price Indexes, Australia, December 2023
Key statistics: Final demand (excluding exports) Rose 0.9% this quarter. Rose 4.1% over the past twelve months. Quarterly overview: Final demand increased 0.9% this quarter with moderate rises across most industries. Sustained growth in construction outputs is driving the rise. High crude oil and energy prices in recent quarters are still having flow on impacts to prices in other industries. chart The main contributors to quarterly growth in Final demand were: Output of building construction (+1.9%), due to ongoing skilled labour shortages and increases in margins to mitigate against risk of resource availability ... (full story)