Investing.com - Producer price inflation in Australia rose more-than-expected in the last quarter, official data showed on Friday.
In a report, Australian Bureau of Statistics said that Australian PPI rose to a seasonally adjusted 0.5%, from 0.1% in the prior quarter.
Analysts had expected Australian PPI to rise 0.2% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian PPI rose to a seasonally adjusted 0.5%, from 0.1% in the prior quarter.
Analysts had expected Australian PPI to rise 0.2% in the last quarter.