2025年第一季度，澳大利亚的最终需求生产者价格指数（PPI）环比上涨0.9%，略高于市场预期的0.8%，并从2024年第四季度的0.8%增长加速，这是自2023年第二季度以来最疲软的季度增长。这标志着生产者价格通胀已连续第19个季度出现，主要原因是关键行业的增长。值得注意的是，受强劲需求和住宅租金上涨的支撑，房地产运营商录得1.1%的增长。与此同时，其他运输设备制造业的价格上涨了7.3%，反映了澳元贬值和劳动力成本增加。受通胀挂钩的学费调整的推动，高等教育增长了3.5%，尽管与2024年相比，工资增长幅度较小。按年度计算，生产者价格指数上涨3.7%，与上一季度持平，但仍是三年来最低的年度涨幅。

Australia's final demand Producer Price Index (PPI) rose by 0.9% quarter-on-quarter in Q1 2025, slightly above market expectations of 0.8% and accelerating from a 0.8% increase in Q4 2024, which was the softest quarterly gain since Q2 2023. This marked the 19th consecutive quarter of producer price inflation, driven primarily by increases in key sectors. Notably, property operators recorded a 1.1% rise, supported by strong demand and rising residential rents. Meanwhile, prices in other transport equipment manufacturing jumped 7.3%, reflecting the depreciation of the Australian dollar and increased labour costs. Tertiary education rose 3.5%, boosted by inflation-linked fee adjustments, although wage increases were more modest compared to 2024. On an annual basis, producer prices rose 3.7%, matching the pace of the previous quarter but still marking the slowest annual increase in three years.