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Producer inflation roars to GFC high

July 29, 2022 - 12:05 -- Admin

The Australian Bureau of Statistics (ABS) today released Producer Price Index (PPI) data for the June quarter, which registered a 1.4% quarterly increase in final prices to be 5.6% higher over the year: It was the strongest lift in the PPI since December 2008. The key growth drivers were: Output of building construction (+3.9%), driven

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