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Aust final PPI rose 0.2% in Dec qtr

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AAP

2013-02-01

Australia's producer price index at the final stage of production rose 0.2 per cent in the December quarter, for an annual gain of 1.0 per cent.

That compared with an unrevised 0.6 per cent rise in the September quarter.

In the December quarter, at the intermediate stage, the PPI was up 0.6 per cent, while at the preliminary stage it rose 0.6 per cent, the Australian Bureau of Statistics said on Friday.

Over the year to December, at the intermediate stage the PPI rose 1.7 per cent and at the preliminary stage it was up 1.4 per cent.

Economists' forecasts had centred on a December quarter PPI rise of 0.3 per cent.