Australian PPI declined in first quarter of 2012.

Monday, 23 April 2012 10:50

The first quarter of 2012 brought to Australian producer price index a significant decline by seasonally adjusted 0.3%.
After increasing by 0.3% in last quarter analysts expected a 0.5% in March.
First quarter’s result took annual reading to 1.4% in March, instead 2.2% expected.