Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Producer Price Index (QoQ) was 0.7% against a forecast of 0.9%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bearish change | 26.5K | -5.4K | ||
Full-Time Employment | Bearish change | 63.6K | -40.9K | ||
Participation Rate | Bearish change | 67% | 66.8% | ||
Part-Time Employment | Bullish change | -37.1K | 35.5K | ||
Unemployment Rate s.a. | (no change) | 4.2% | 4.2% | ||
Consumer Inflation Expectations | Bullish change | 3.9% | 4.7% | ||
Westpac Consumer Confidence | Bearish change | 5.7% | -3.1% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Inflation |
Frequency: | Quarterly |