Australian Economy Australian interest rates

Producer price inflation fades away

David Llewellyn-Smith

Friday 28 July 2023

More disinflation from the ABS in producer prices.

Rose 0.5% this quarter.
Rose 3.9% over the past twelve months.

Back to the lowflation period and with import costs falling and destocking ahead, further to go.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.