Fri, 02 May 2014 10:52:04 GMT
Australian PPI rises more than forecast in Q1
Producer price in Australia grew in the first three months of this year exceeding initial economists' expectations, the latest report released by the Australian Bureau of Statistics showed on Friday. According to the report, the country's producer price index advanced by 0.9% in the Q1, while it was forecast to rise by 0.6%.