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6427.0 - Producer Price Indexes, Australia, Dec 2013 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 31/01/2014   
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DECEMBER KEY FIGURES

Sep Qtr 13 to Dec Qtr 13
Dec Qtr 12 to Dec Qtr 13
STAGE OF PRODUCTION
% change
% change

Final demand (excl. exports)
0.2
1.9
Domestic
0.3
1.6
Imports
-0.7
5.1
Intermediate demand
0.3
2.1
Domestic
0.4
1.5
Imports
-0.1
7.3
Preliminary demand
0.3
2.2
Domestic
0.3
1.7
Imports
0.4
6.0


Stage of Production Final Demand
Graph: Stage of Production Final Demand

Stage of Production Final Demand, Quarterly % change
Graph: Stage of Production Final Demand, Quarterly % change




DECEMBER KEY POINTS


FINAL DEMAND (EXCL. EXPORTS)
  • rose 0.2% in the December quarter 2013.
  • mainly due to rises in the prices received for other agriculture (+11.1%), other transport equipment manufacturing (+3.2%) and building construction (+0.4%).
  • partly offset by falls in the prices received for petroleum refining and petroleum fuel manufacturing (-5.5%), and computer and electronic equipment manufacturing (-2.5%).
  • rose 1.9% through the year to the December quarter 2013.


INTERMEDIATE DEMAND
  • rose 0.3% in the December quarter 2013.
  • mainly due to rises in the prices received for oil and gas extraction (+4.2%), meat and meat product manufacturing (+3.4%) and other agriculture (+2.8%).
  • partly offset by falls in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (-3.2%) and coal mining (-3.4%).
  • rose 2.1% through the year to the December quarter 2013.


PRELIMINARY DEMAND
  • rose 0.3% in the December quarter 2013.
  • mainly due to rises in the prices received for oil and gas extraction (+4.2%), meat and meat product manufacturing (+5.5%) and legal and accounting services (+1.1%).
  • partly offset by falls in the prices received for metal ore mining (-3.1%) and coal mining (-3.4%).
  • rose 2.2% through the year to the December quarter 2013.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2013 Update 25 February 2014
March 2014 2 May 2014
March 2014 Update 27 May 2014
June 2014 1 August 2014
June 2014 Update 26 August 2014
September 2014 31 October 2014



ADDITIONAL INFORMATION

In the Information Paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004) the ABS undertook to release an updated Producer and International Trade Price Indexes: Concepts, Sources and Methods (cat. no. 6429.0) publication. This will be released on 20 August 2014.

The ABS will publish the quarterly Producer Price Index for the Output of the Retail Trade Industry (RTPI) on 25 February 2014. The RTPI will be released as an additional update of the Producer Price Index, Australia publication (cat. no. 6427.0). The RTPI will be released in electronic format as a data cube on the ABS website <http://www.abs.gov.au>.


CHANGES IN THIS ISSUE

The Input to the House construction industry price index has been re-weighted from the December quarter 2013. The weights for the Input to the House construction industry price index have been derived from representative housing construction activity for the average of the three years ending 2010-11. The new weighting pattern is provided as an Appendix to this issue.


ROUNDING

Any discrepancies between totals and sums of components are due to rounding.


DATA REFERENCES

Data referenced in the Key Points and Commentary are available from the tables shown in this publication, or in the corresponding tables of this publication on the ABS website <http://www.abs.gov.au>.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


SUMMARY COMMENTARY


COMMENTARY

Links to Other Parts of This Release

To access the "Commentary" page use this link

Commentary

To access the "Price Indexes and Contract Price Indexation" page use this link

Price Indexes and Contract Price Indexation


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Commonwealth of Australia 2014

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