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Producer Price Indexes, Australia, December 2021
Key statistics: Final demand (excluding exports): • Rose 1.3% this quarter. • Rose 3.7% over the past twelve months. table chart The main contributors to quarterly growth in Final demand were: • Output of building construction (+2.9%), due to ongoing strong demand for housing and builders passing on rising material and labour costs. • Heavy and civil engineering construction (+1.4%), due to rises in steel, oil and labour costs supported by increased investment. • Motor vehicle and motor vehicle part manufacturing (+4.4%), due to ongoing shortages of semi-conductors and other components limiting ... (full story)