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PPI also descends into outright deflation

July 31, 2020 - 14:00 -- Admin

The Australian Bureau of Statistics (ABS) today released Producer Price Index (PPI) data for the June quarter, which registered a 1.2% quarterly fall in final (stage 3) prices: This follows a 1.9% decline in the CPI over the June quarter. The next chart plots the annual change in both of these series, with both plunging

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