JUNE KEY FIGURES

	Mar Qtr 14 to Jun Qtr 14	Jun Qtr 13 to Jun Qtr 14
STAGE OF PRODUCTION	% change	% change
Final demand (excl. exports)	-0.1	2.3
Domestic	0.1	1.9
Imports	-1.5	6.4
Intermediate demand	-0.5	2.7
Domestic	-0.1	2.3
Imports	-2.7	6.8
Preliminary demand	-0.8	3.0
Domestic	-0.4	2.5
Imports	-2.9	6.6

Stage of Production Final Demand

Stage of Production Final Demand, Quarterly % change

JUNE KEY POINTS


FINAL DEMAND (EXCL. EXPORTS)

• fell 0.1% in the June quarter 2014.
• mainly due to falls in the prices received for other transport equipment manufacturing (-3.5%), computer and electronic equipment manufacturing (-3.4%) and other agriculture (-5.7%).
• partly offset by rises in the prices received for building construction (+1.2%) and pharmaceutical and medicinal product manufacturing (+5.2%).
• rose 2.3% through the year to the June quarter 2014.

INTERMEDIATE DEMAND

• fell 0.5% in the June quarter 2014.
• mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-9.5%), oil and gas extraction (-4.1%) and coal mining (-10.1%).
• partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+6.5%) and printing and printing support services (+3.8%).
• rose 2.7% through the year to the June quarter 2014.

PRELIMINARY DEMAND

• fell 0.8% in the June quarter 2014.
• mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-10.7%), metal ore mining (-6.8%) and oil and gas extraction (-4.1%).
• partly offset by rises in the prices received for sheep, beef cattle and grain farming; and dairy cattle farming (+4.5%) and printing and printing support services (+3.6%).
• rose 3.0% through the year to the June quarter 2014.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2014 Update	26 August 2014
September 2014	31 October 2014
September 2014 Update	25 November 2014
December 2014	30 January 2015
December 2014 Update	24 February 2015
March 2015	1 May 2015

ADDITIONAL INFORMATION

Large scale innovation is planned as part of the ABS forward work plan. This innovation includes major upgrades to existing systems, processes and methodologies.

The ABS has deferred selected commitments from the Information paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004) pending upgrades to existing systems. Appendix 1 provides a full list of PPI commitments from the paper.

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 has published the quarterly Producer Price Index for the Output of the Retail Trade Industry (RTPI) from 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 on the 26 August, 2014.


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 <https://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

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Price Indexes and Contract Price Indexation