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Australian data - Q2 PPI +0.5% q/q (expected 0.9%)

Q2 PPI +0.5% q/q, well under what was expected, slower inflation at the producer levelexpected 0.9%, prior 1.0%3.9% y/yexpected 3.9%, prior 5.2%more to come-Producer Price Index (PPI) is an economic indicator that measures the average change over time in the selling prices received by domestic producers for their output. It is a measure of inflation from the perspective of product manufacturers and service providers. This article was written by Eamonn Sheridan at www.forexlive.c... Read More

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Posted: Jul 28 2023, 01:30

Author Name: forexlive

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