Producer Prices in Australia increased 4.30 percent in March of 2024 over the same month in the previous year, the most in a year, after a 4.10 percent gain in the December quarter. Producer Prices Change in Australia averaged 2.40 percent from 1999 until 2024, reaching an all time high of 6.40 percent in the third quarter of 2022 and a record low of -1.50 percent in the fourth quarter of 2009. source: Australian Bureau of Statistics
Producer Prices Change in Australia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Producer Prices Change is projected to trend around 1.80 percent in 2025 and 1.60 percent in 2026, according to our econometric models.