1301.0 - Year Book Australia, 2006  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/01/2006   
   Page tools: Print Print Page  

PRICE INDEXES

The ABS compiles two price indexes relating to the manufacturing industry - the Price Index of Materials Used in Manufacturing Industries, and the Price Index of Articles Produced by Manufacturing Industries. These indexes measure movements in the prices of materials used, and articles produced, by establishments classified to the Manufacturing Division of ANZSIC (1993 edition). The Price Index of Materials Used in Manufacturing Industries consists of two broad components, materials used in manufacturing that are sourced domestically and materials used in manufacturing that are imported and these contribute approximately 65% and 35%, respectively, to the total index. More information on the concepts underlying these indexes and other price indexes compiled by the ABS is provided in the Prices chapter.

Tables 18.18 and 18.19 provide index numbers for selected components of the two price indexes.

The price of materials used in manufacturing increased by more than 18% between 1999-2000 and 2004-05, driven mainly by increases in the price of domestic materials. In 2004-05, the price of domestic materials was 31% higher than the price in 1999-2000, while the price of imported materials was only 2% higher.

In 2004-05, the price of materials used in manufacturing increased by almost 9%. Increases occurred for the materials used in most manufacturing industries. The largest increase in price was for the materials used in petroleum and coal products manufacturing (32%), followed by the materials used for rubber and plastics (14%), basic metal products (14%) and fabricated metal products (12%) industries.

18.18 PRICE INDEXES(a)(b), Materials used in manufacturing industries

1999–2000
2003–04
2004–05
Change from
1999–2000
to 2004–05
Change from
2003–04 to
2004–05
Industry
Index
Index
Index
%
%

Food, beverages and tobacco
110.8
136.5
141.8
27.9
3.9
Textiles and textile products
91.6
100.5
101.0
10.3
0.5
Knitting mills and clothing
102.6
103.2
104.4
1.7
1.1
Footwear
107.4
124.1
122.2
13.8
-1.6
Leather and leather products
97.8
86.0
87.6
-10.4
1.9
Log sawmilling and other wood products
123.0
125.2
126.6
2.9
1.1
Paper and paper products
99.8
103.1
103.1
3.4
0.0
Printing, publishing and recorded media
107.7
110.3
108.0
0.3
-2.1
Petroleum and coal products
157.8
164.0
216.9
37.5
32.2
Chemicals
114.0
116.9
121.3
6.4
3.7
Rubber and plastics
110.8
117.5
134.4
21.3
14.4
Non-metallic mineral products
110.7
128.8
135.9
22.7
5.5
Basic metal products
92.5
102.0
116.0
25.4
13.7
Fabricated metal products
106.1
114.0
127.4
20.0
11.8
Transport equipment and parts
120.5
120.4
126.2
4.7
4.8
Electronic equipment and other machinery
103.4
107.1
117.1
13.2
9.4
Other manufacturing
118.8
120.9
132.5
11.6
9.6
All materials
115.8
125.9
137.1
18.4
8.9

(a) Reference base of index: 1989-90 = 100.0.
(b) The index is on a net basis and relates in concept only to transactions in materials used in the industry that are produced from other industries or from overseas.

Source: Producer Price Indexes, Australia, various issues (6427.0).


The price of articles produced by manufacturing increased by almost 16% between 1999-2000 and 2004-05.

In 2004-05, the largest increase in the price of articles produced was in the petroleum and coal products industry at 31%, followed by increases in the price of basic metal products manufacturing (21%).

18.19 PRICE INDEXES(a)(b), Articles produced in manufacturing industries

1999–2000
2003–04
2004–05
Change from
1999–2000
to 2004–05
Change from
2003–04 to
2004–05
Industry
Index
Index
Index
%
%

Food, beverages and tobacco
125.1
139.9
146.2
16.9
4.5
Textiles and textile products
103.8
116.7
116.3
12.0
-0.4
Knitting mills, clothing, footwear and leather
119.5
124.2
123.9
3.6
-0.2
Log sawmilling and other wood products
126.0
139.1
140.5
11.5
1.0
Paper and paper products
111.3
117.8
117.4
5.4
-0.4
Printing, publishing and recorded media
148.9
155.7
157.3
5.6
1.1
Petroleum and coal products
137.5
173.3
226.8
64.9
30.9
Chemicals
111.8
114.5
120.8
8.1
5.4
Rubber and plastics
114.9
124.7
130.8
13.8
4.9
Non-metallic mineral products
117.5
129.2
131.2
11.6
1.5
Basic metal products
104.8
106.7
129.4
23.4
21.3
Fabricated metal products
115.2
125.3
133.6
16.0
6.6
Transport equipment and parts
119.6
127.0
126.1
5.4
-0.8
Electronic equipment and other machinery
109.9
113.1
115.9
5.5
2.5
Other manufacturing
123.9
127.8
131.6
6.2
3.0
All articles
120.6
130.4
139.3
15.6
6.8

(a) Reference base of index: 1989-90 = 100.0.
(b) The index is on a net basis and relates in concept only to transactions in articles produced that are sold outside the Australian manufacturing industry.

Source: Producer Price Indexes, Australia, various issues (6427.0).



Previous PageNext Page