Australia Q2 PPI +3.6% vs +3.0% prior
- Prior was +3.0%
- PPI q/q vs +0.4% prior
We already got CPI and the RBA decision this week so this is an afterthought and not a market mover. Notably, this is much hotter than the cool CPI and suggests some pressures coming.
This article was written by Adam Button at investinglive.com.