AIM OF THIS PUBLICATION
This publication documents the concepts, sources and methods used to compile the Australian Producer Price Indexes (PPIs) and International Trade Price Indexes (ITPIs). This publication also provides insight into the practical challenges faced by the Australian Bureau of Statistics (ABS) compiling these Indexes, and how it deals with these challenges.
The update to this publication reflects changes in the concepts, sources and methods that resulted from the Information Paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004) and Implementation of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.005). The review led to some changes in the concepts, sources and methods on which the indexes are based.
The Australian PPIs and ITPIs are compiled in broad agreement with the guidelines contained in the International Monetary Fund’s (IMF) Producer Price Index Manual, Theory and Practice (2004) and Export and Import Price Index Manual, Theory and Practice (2009). However, the IMF guidelines are not written from an Australian perspective. Accordingly, this publication aims to provide users of Australia's PPIs and ITPIs with an explanation of:
RELEASE OF PRODUCER AND INTERNATIONAL TRADE PRICE INDEX DATA
- the historical background of the Australian Producer and International Trade Price Indexes
- their relationship to other economic statistics
- their underlying conceptual framework
- the data sources and methods used to compile the indexes
- the presentation and publication of the price indexes.
The PPIs and ITPIs are compiled quarterly by the ABS for quarters ending in March, June, September and December each year. The quarterly index numbers are published no later than 33 days after the end of the reference period in Producer Price Indexes, Australia
(cat. no. 6427.0), and International Trade Price Indexes, Australia
(cat. no. 6457.0).
The ABS will periodically update this document. Comments and requests for further information about the topics covered in this publication should be directed to:
Producer Price Indexes
Australian Bureau of Statistics
PO Box 10
Belconnen, ACT, 2616
Fax: (02) 6252 7060
outlines how the ABS will handle any personal information that you provide to us.