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Producer Price Indexes, Australia March 2023
Final demand (excluding exports): Rose 1.0% this quarter. Rose 5.2% over the past twelve months. Quarterly overview: Electricity and gas supply, and the Construction industry drove the increase in Final demand this quarter. table chart The main contributors to quarterly growth in Final demand were: Electricity and gas supply (+13.3%), due to long term contract renewals reflecting the recent higher prices caused by supply disruptions. Output of building construction (+1.1%), due to continued demand in other and non-residential construction, ongoing skilled labour shortages and costs for materials. Education and ... (full story)