The typical/expected market impact of this event is low.
The consensus forecast for Producer Price Index (QoQ) is 0.9%. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
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 0.8% against a forecast of 1.1%.
Other recent announcements which may affect the market's interpretation of the next Producer Price Index (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 46.6 | 50.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.8 | 51 | ||
| S&P Global Services PMI | Bullish change | 46.3 | 50.3 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Inflation |
| Frequency: | Quarterly |