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Producer prices were flat in August

The Producer Price Index (PPI) for final demand was flat month-on-month, and fell 0.8% year-on-year.<p>Excluding volatile food and energy costs, "core" PPI rose 0.3% compared to July, and rose 0.9% compared to a year ago.<p>Economists had estimated that PPI for final demand fell 0.1% month-on-month and …

Pacific leaders respond to Australian minister's sea level remarks

Pacific leaders have hit out at the insensitivity of an Australian minister’s apparent joke at the expense of low-lying nations struggling against rising sea levels.<p>Immigration minister, Peter Dutton, was caught on a microphone chatting with Australian prime minister, Tony Abbott, and social …