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Producer Price Indexes, Australia, Dec 2011
In the December quarter 2011, the prices paid by manufacturers for material inputs fell 1.0%, while the prices received for outputs fell 0.3%. Through the year to the December quarter 2011, prices of material inputs rose 7.3%, while the prices received for outputs rose 2.8%. Falls in the prices paid for products from metal ore mining (–3.8%), primary metal and metal products (–4.4%) and agriculture (–2.9%) drove the decrease in the cost of materials used in the manufacturing industries. Major contributors to these price falls were silver and zinc ores, copper recovery, aluminium (excluding scrap), untreated ... (full story)
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