Australia Final Demand Producer Prices Advance 0.4% On Quarter In Q1 Final demand producer prices were up 0.4 percent on quarter in the first quarter of 2021, the Australian Bureau of Statistics said on Friday – slowing from 0.5 percent in the previous three months.
On a yearly basis, producer prices gained 1.0 percent – slowing from 1.6 percent in the three months prior.
There were price rises in petroleum refining and petroleum fuel manufacturing (+20.6 percent), building construction (+0.5 percent) and accommodation (+5.8 percent).
These were offset by falls in electronic equipment manufacturing (-5.3 percent), other transport equipment manufacturing (-3.1 percent) and furniture and other manufacturing (-1.7 percent).
The material has been provided by InstaForex Company – www.instaforex.com
Australia s business outlook is rosy for most, new ABS data shows, but arts and recreation companies still expect revenues to drop David Adams Matt Jelonek/WireImage
Just 18% of Australian companies recorded a drop in revenue over March, the lowest figure since July 2020, according to the Australian Bureau of Statistics.
The latest business sentiments report shows considerable optimism among sectors which have recovered from COVID-19 pandemic shutdowns.
But a quarter of arts and recreation firms expected revenues to dip in the month to come.
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The financial outlook for Australia s business community continued to lift in April, new data from the Australian Bureau of Statistics (ABS) shows, but not every sector shares the same rosy optimism.
CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Friday, as traders remain cautious amid the fears of a fresh surge in coronavirus infection rates in the region, particularly India and
The CPI and Forex: How CPI Data Affects Currency Prices
2021-04-30 10:00:00
Ben Lobel,
Markets Writer
In this article, we’ll explore CPI and forex trading, looking at what traders should know about the Consumer Price Index to make informed decisions. We’ll cover what CPI is as a concept, the CPI release dates, how to interpret CPI, and what to consider when trading forex against CPI data.
What is CPI and why does it matter to forex traders?
The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels.
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The image could be on a wall in a modern art gallery or a piece of mosaic pulled from Pompeii.
Mustard-brown, it could pass as an artistic interpretation of Australia’s arid inland where dry river beds hint at better times.
But the nitrate piece of film, held by the National Archives, is a piece of this nation’s disintegrating history.
The disintegrating image of Italian prisoner-of-war Leo Antonini. He served out the war in a West Australian camp. His image is one of potentially thousands slowly disintegrating as the Archives battles for more funding.