Intermediate demand rose 0.9% in the June quarter 2018. This was mainly due to rises in the prices received for Petroleum refining and petroleum fuel manufacturing (+11.0%), Oil and gas extraction (+9.6%) and Sheep, beef cattle and grain farming; and dairy cattle farming (+4.3%). It was partly offset by falls in the prices received for Real estate services (-2.8%), Fishing (-9.2%) and Accommodation (-6.4%). Intermediate demand rose 4.1% through the year to the June quarter 2018.
Australian PPI rose by 0.3% in Q2
Australian PPI rose 0.3% in the June quarter 2018. This was mainly due to rises in the prices received for Heavy and civil engineering construction (+1.5%), Building construction (+1.2%) and Petroleum refining and petroleum fuel manufacturing (+11.9%). Rise was partly offset by falls in the prices received for Other agriculture (-2.9%), Fishing (-18.9%) and Professional and scientific equipment manufacturing (-2.3%). PPI rose 1.5% through the year to the June quarter 2018.
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…