MARCH KEY FIGURES
 | Dec Qtr 11 to Mar Qtr 12 | Mar Qtr 11 to Mar Qtr 12 |
| STAGE OF PRODUCTION | % change | % change |
|
| Final (Stage 3) commodities (excl. exports) | -0.3 | 1.4 |
| Domestic | -0.1 | 1.7 |
| Imports | -1.5 | -0.6 |
| Intermediate (Stage 2) commodities | 0.3 | 2.8 |
| Domestic | 0.5 | 2.6 |
| Imports | -1.4 | 4.8 |
| Preliminary (Stage 1) commodities | 0.1 | 3.4 |
| Domestic | 0.2 | 2.8 |
| Imports | -1.3 | 7.2 |
|
Final Stage, Base 1998-99 = 100.0
| Final Stage, Quarterly % change
|
MARCH KEY POINTS
FINAL (STAGE 3) COMMODITIES
- fell 0.3% in the March quarter 2012.
- mainly due to falls in the prices received for other agriculture (-17.7%), building construction (-0.2%) and industrial machinery and equipment manufacturing (-2.4%).
- partly offset by rises in the prices received for electricity, gas and water supply (+2.1%) and tobacco product manufacturing (+7.8%).
- rose 1.4% through the year to the March quarter 2012.
INTERMEDIATE (STAGE 2) COMMODITIES
- rose 0.3% in the March quarter 2012.
- mainly due to rises in the prices received for petroleum refining (+3.1%), structural metal product manufacturing (+3.4%) and road freight transport (+1.0%).
- partly offset by falls in the prices received for metal ore mining (-3.3%) and coal mining (-4.5%).
- rose 2.8% through the year to the March quarter 2012.
PRELIMINARY (STAGE 1) COMMODITIES
- rose 0.1% in the March quarter 2012.
- mainly due to rises in the prices received for petroleum refining (+3.4%), oil and gas extraction (+0.9%) and property operators and developers (+0.7%).
- partly offset by falls in the prices received for coal mining (-4.5%) and metal ore mining (-4.7%).
- rose 3.4% through the year to the March quarter 2012.
NOTES
FORTHCOMING ISSUES
| ISSUE (QUARTER) | Release Date |
| June 2012 | 23 July 2012 |
| September 2012 | 2 November 2012 |
| December 2012 | 1 February 2013 |
| March 2013 | 3 May 2013 |
CHANGES IN THIS ISSUE
This issue includes an Appendix outlining the implementation of the Australian and New Zealand Standard Industrial Classification, 2006 edition (ANZSIC 2006) for the Stage of Production (SOP) indexes. The implementation of the ANZSIC 2006 for the SOP indexes is one of a number of outcomes from a Review of the Producer and International Trade Price Indexes, published by the ABS on 6 March 2012 (see below). The Appendix contains correspondences between the old (ANZSIC 1993) and new (ANZSIC 2006) SOP series currently released in
Producer Price Indexes, Australia (cat. no. 6427.0)
, as well as details of the SOP series that will be discontinued and expected new series.
CHANGES IN FUTURE RELEASES
From the September quarter 2012 issue, the ABS will introduce a number of changes as a result of the Review of the Producer and International Trade Price Indexes. Outcomes of the Review were announced in the
Information Paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004)
. The changes include:
- Introduction of ANZSIC 2006 classification for the SOP indexes (see above, and the Appendix in this issue);
- Changes to publication table names and SOP and PPI titles (see Chapter 5 of the above Information paper);
- Changes to release dates – the ABS will delay the release of this publication by nine working days. The Forthcoming Issues section (see above) has been updated to reflect this change; and
- Re–referencing – all index numbers will be calculated on a new index reference period of 2011–12. This will result in the index numbers for each index series being reset to 100.0 for the financial year 2011–12. Period–to–period percentage changes may differ slightly to those previously published due to rounding and the re–referencing. These differences do not constitute a revision.
More information on the implementation of the outcomes of the Review, including updated weighting patterns for the SOP and PPI series will be published in an information paper to be released in October 2012.
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
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Commentary
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Price Indexes and Contract Price Indexation
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