<p>Australian 'wholesale' <a href="https://www.forexlive.com/terms/i/inflation/" class="terms__main-term" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa" target="_blank">inflation</a> data for the October – December 2022 quarter.</p><p>+0.7% q/q</p><ul><li>expected 1.7%, prior 1.9%</li></ul><p>+5.8% y/y</p><ul><li>expected 6.3%, prior 6.4%</li></ul><p>—</p><p>Via Bloomberg description:</p><ul><li>The Producer Price Index (PPI) measures a change in input prices of raw,
semi-finished or finished goods and services. </li><li>If input costs rise, some
will be absorbed by the producer and some passed on to the consumer.</li><li>
Conversely, if input costs fall, some of the decline will be enjoyed as
wider profit margins by the producer and some will be passed on to the
consumer in the form of lower prices. </li><li>Because PPI impacts consumer
prices, it is watched by central bankers as part of fulfilling their
mandate of price stability.</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
