6457.0 - International Trade Price Indexes, Australia, Mar 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/04/2018   
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MARCH KEY FIGURES

Dec Qtr 17 to Mar Qtr 18
Mar Qtr 17 to Mar Qtr 18
% change
% change

Import Price Index all groups
2.1
2.3
Food and live animals
1.0
-0.9
Beverages and tobacco
-0.4
-2.8
Crude materials, inedible, except fuels
3.9
13.9
Mineral fuels, lubricants and related materials
10.5
16.3
Animal and vegetable oils, fats and waxes
0.8
1.6
Chemicals and related products, n.e.s.
-0.6
3.4
Manufactured goods classified chiefly by material
3.4
3.8
Machinery and transport equipment
0.9
-1.6
Miscellaneous manufactured articles
0.2
0.4
Commodities and transactions, n.e.s.
2.0
5.2
Export Price Index all groups
4.9
-1.4
Food and live animals
1.3
0.4
Beverages and tobacco
0.2
11.5
Crude materials, inedible, except fuels
6.0
-8.7
Mineral fuels, lubricants and related materials
8.6
3.6
Animal and vegetable oils, fats and waxes
-1.9
-28.1
Chemicals and related products, n.e.s.
3.0
4.1
Manufactured goods classified chiefly by material
4.8
12.6
Machinery and transport equipment
-1.6
-4.1
Miscellaneous manufactured articles
1.6
-2.7
Commodities and transactions, n.e.s.
2.0
4.4


IMPORT PRICE INDEX: all groups, Quarterly % change
Graph: IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX: all groups, Quarterly % change
Graph: EXPORT PRICE INDEX: all groups, Quarterly % change




MARCH KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index rose 2.1% in the March quarter 2018. This follows a rise in the December quarter 2017 of 2.0%.
  • The rise was driven by higher prices paid for Petroleum, petroleum products and related materials (+8.7%), Road vehicles (+1.5%), Inorganic chemicals (+19.7%) and Plastics in primary forms (+14.7%).
  • Through the year to the March quarter 2018, the Import Price Index rose 2.3%, driven by Petroleum, petroleum products and related materials (+15.9%).


EXPORT PRICE INDEX
  • The Export Price Index rose 4.9% in the March quarter 2018. This follows a rise in the December quarter 2017 of 2.8%.
  • The rise was driven by higher prices received for Metalliferous ores and metal scrap (+6.1%), Coal, coke and briquettes (+6.5%), Gas, natural and manufactured (+13.8%), Petroleum, petroleum products and related materials (+9.6%), Non-ferrous metals (+4.8%) and Live animals (+22.2%).
  • Through the year to the March quarter 2018, the Export Price Index fell 1.4%, driven by Metalliferous ores and metal scrap (-10.9%).


EXCHANGE RATE
  • The appreciation of the Australian dollar against the United States dollar had a downward effect on import and export prices in the March quarter 2018.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2018 26 July 2018
September 2018 1 November 2018
December 2018 31 January 2019
March 2019 26 April 2019



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