Australia’s Producer Price Index (PPI) growth quickened in the second quarter of 2026, with the year-over-year rate rising to 3.6%, up from 3.0% in the first quarter of 2026. The fresh data, updated on 31 July 2026, highlights a pickup in upstream price pressures faced by Australian producers.
The figures compare price changes in each period to the same quarter a year earlier. The “previous” reading of 3.0% reflected producer price growth in the first quarter of 2026 versus the first quarter of the prior year, while the “actual” 3.6% reading measures the second quarter of 2026 against the corresponding quarter a year earlier.
The acceleration in annual producer inflation suggests that cost pressures at the factory gate have strengthened over recent months, a development that financial markets and policymakers will monitor closely for potential pass-through to consumer prices and broader inflation dynamics.
