Australia’s producer price index for final demand increased 0.4 % in the March 2026 quarter, its lowest quarterly rise since March 2021. Over the past year the index grew 3.0 %. The gain was largely driven by construction and services, buoyed by strong demand for residential property. Other contributors included petroleum refining and fuel manufacturing (+10.1 %), and tertiary education services (+2.2 %), while air and space transport fell 4.0 % due to a seasonal drop in passenger traffic. Output in manufacturing rose 2.1 %, led by non‑ferrous metal manufacturing, and building‑construction output climbed 1.0 % thanks to house construction. Prices for education and training services increased 5.4 % from higher‑education fee rises.
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This article is a summary of content originally published by the Australian Bureau of Statistics.
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