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Producer Price Indexes, Australia June 2023
Final demand (excluding exports): Rose 0.5% this quarter. Rose 3.9% over the past twelve months. Quarterly overview Prices in Final demand increased 0.5% this quarter, the lowest quarterly growth since March 2021. While price increases have largely moderated, the Construction industry continues to drive growth in Final demand. tables The main contributors to quarterly growth in Final demand were: Output of building construction (+0.9%), due to ongoing skilled labour shortages and the passing through of manufacturing costs from energy intensive materials. Heavy and civil engineering construction (+0.8%), due to ... (full story)