Analysts at TD Securities note that Australia’s Q2 PPI was benign, reflecting domestic +0.2% cf imports +1.4%, hinting that upstream inflation pressures are rising underneath the headline +0.3%/q print. Key Quotes “As reflected in yesterday’s import price index (+3.2%/q) the import components of intermediate and crude materials jumped +2.8%/q and +3.1%/q respectively.” “This ‘upstream’ inflation will eventually appear in Australia’s CPI…but a stream of ‘disappointing’ CPI reports means the market is not collectively holding its breath yet.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoJ conducts second fixed rate operation this week FX Street 5 years Analysts at TD Securities note that Australia's Q2 PPI was benign, reflecting domestic +0.2% cf imports +1.4%, hinting that upstream inflation pressures are rising underneath the headline +0.3%/q print. Key Quotes "As reflected in yesterday's import price index (+3.2%/q) the import components of intermediate and crude materials jumped +2.8%/q and +3.1%/q respectively." "This 'upstream' inflation will eventually appear in Australia's CPI...but a stream of 'disappointing' CPI reports means the market is not collectively holding its breath yet." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
