Australia Q3 Producer Prices Rise at Slower Pace as Private Credit Beats Forecasts

Australia's producer price index rose 1.1% quarter-on-quarter in Q3 2026, easing from the 1.3% gain recorded in the prior quarter, according to data released October 30. The annual PPI rate held steady at 3.6%, unchanged from the previous reading, suggesting producer-level inflation pressures have plateaued even as the quarterly pace softened.

Separate Reserve Bank of Australia data showed private-sector credit rose 0.6% month-on-month in September, beating the 0.5% consensus forecast. Housing credit held steady at 0.4%, matching the prior month's pace, while the broader credit beat points to continued demand in the Australian economy.