de | cn | ru

Market News

Australia Q3 Producer Prices Climb 0.6%

Nov 02 2012
By
Forexbrokerz.com

Producer prices in Australia added 0.6 percent in the third quarter of 2012 compared to the previous three months, the Australian Bureau of Statistics said on Friday.

That was below forecasts for an increase of 1.0 percent following the 0.5 percent gain in the second quarter.

The increase was mainly due to rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (10.9 percent) and other agriculture (25.1 percent).

Those gains were partly offset by falls in the prices received for petroleum refining and petroleum fuel manufacturing (10.0 percent) and pharmaceutical and medicinal product manufacturing (7.2 percent).

On a yearly basis, producer prices jumped 1.1 percent - unchanged from Q2 but below expectations for a gain of 1.6 percent.

Intermediate demand was up 0.1 percent on quarter and 1.5 percent on year, mainly due to rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (6.0 percent), legal and accounting services (3.2 percent) and other agriculture (6.2 percent).

Those gains were partly offset by falls in the prices received for oil and gas extraction (7.8 percent) and petroleum refining and petroleum fuel manufacturing (6.5 percent).

Preliminary demand fell 0.2 percent on quarter and added 1.2 percent on year, mainly due to falls in the prices received for oil and gas extraction (8.1 percent), petroleum refining and petroleum fuel manufacturing (6.1 percent) and metal ore mining (3.9 percent).

That was partly offset by rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (5.7 percent) and legal and accounting services (2.7 percent).

Upon the release of the data, the Australian dollar pared some of its recent gains against other major currencies, trading near 1.0404 against the U.S. dollar, 1.2437 against the euro, 83.51 against the yen and 1.2578 against the NZ dollar.

The material has been provided by Instaforex Company - instaforex.com
TAGS: Australia  Q3  Producer  Prices  Climb  0.6%   

Related forex news

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Market News

UK's FCA might ban credit card deposits with online forex and CFD brokers

Jan 20 2020 18:21:17

After earlier this month the UK Gambling Commission (UKGC) announced that after April 14th 2020 clients of gaming websites will no longer be able to use credit cards to fund their bets, some experts and analysts say it is high time that the UK's Financial Conduct Authority (FCA) do the same, as quit... Read more

The CNMV remains vigilant, blacklists Forbslab and eTrader247

Jan 20 2020 14:32:21

 Unregulated forex brokers Forbslab and eTrader247, along with several other alleged scammers, have been the latest additions to the warning list of Spanish financial watchdog – the Comision Nacional del Mercado de Valores (CNMV). Read more

Crypto scammer Patrick McDonnell sentenced to 33 months of imprisonment

Jan 17 2020 14:54:19

Patrick McDonnell, CEO of Coin Drop Markets, was sentenced to 33 months in federal prison and also ordered to pay $224,350 in restitution, after pleading guilty to cryptocurrency fraud last year. The Federal court in Brooklyn issued the sentence on Thursday. Read more

UK's FCA expects up to 10% decline of profits in the forex industry

Jan 16 2020 17:47:56

The Financial Conduct Authority (FCA) expects that the new regulations imposed on the retail forex and CFD brokers in the UK will lead to an overall reduction of their profits of between 6% and 10% - a decline which by the year 2021 may reach between 38.5 million GBP and 55.3 million GBP. Read more

UK’s FCA updates its warning list with A.B.Capitals and LincolnFX

Jan 16 2020 16:48:27

  Another bunch of brokers have made it to the warning list of UK’s Financial Conduct Authority since the beginning of 2020. We’ll focus on two of them - A.B. Read more

Coinbase will pay $1 mln to victims of the Cryptsy hack attack

Jan 15 2020 18:06:18

Coinbase, the San Francisco based crypto exchange, has agreed to pay 962500 USD as a compensation  to victims of the Cryptsy hacker attack, in an out of court settlement, court papers reveal. Read more

Clients of FXFINPRO to be invited to file compensation claims

Jan 15 2020 14:32:03

  Clients of now-defunct forex brokerage FXFINPRO will be invited to submit compensation applications by the Investor Compensation Fund (ICF), the Cyprus Securities Exchange Commission (CySEC) announced on Monday. Read more

Australians were scammed for $42.5 mln in 2019 alone

Jan 14 2020 14:08:08

Australians have lost some 61.61 mln AUD (42.5 mln USD) in investment scams in 2019 alone, the latest data of the Australian Competition and Consumer Commission (ACCC) reveals. Read more

Chinese investors lost an average of $20k to crypto scams in 2019

Jan 14 2020 13:06:44

  Chinese crypto investors who have been scammed in 2019 reportedly lost nearly $20k each (134,522 yuan), according to the 2019 Cyber Fraud Trend Research Report, published previous week. Read more

Cobinhood suspends operations amidst exit scam rumors

Jan 13 2020 15:53:10

  Crypto exchange Cobinhood announced they’re shutting down temporarily last week to audit all accounts' balances. However, many suspect that the people behind the operation are actually pulling an exit scam. Read more

de | cn | ru