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View Full Version : Australian First-Quarter Producer Prices Unexpectedly Drop 0.4% - Bloomberg



NewsWhore
04-19-2009, 10:00 PM
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Australian First-Quarter Producer Prices Unexpectedly Drop 0.4% (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaeEcHPsuHWbw%26refer%3Daustralia&cid=1336860275&ei=1NjrSfn_JoXGsgaOyuj_Bw&usg=AFQjCNEruUdQxW6mTofrzPIxJq4gzo8b_g)
Bloomberg
The Australian currency, which tumbled 20 percent in 2008, has climbed 2.5 percent this year, helping make imports such as gasoline cheaper. “With the Australian dollar stabilizing and price pressures easing, producer-price growth is likely to ease off ...


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