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DECEMBER KEY FIGURES

	Sep Qtr 07 to Dec Qtr 07	Dec Qtr 06 to Dec Qtr 07
	% change	% change
Import Price Index all groups	0.2	-2.2
Food and live animals	-2.1	-2.0
Beverages and tobacco	0.6	-1.8
Crude materials, inedible, except fuels	-0.1	3.2
Mineral fuels, lubricants and related materials	13.9	24.2
Animal and vegetable oils, fats and waxes	1.1	7.4
Chemicals and related products, n.e.c.	-1.2	0.9
Manufactured goods classified chiefly by material	-2.3	-5.5
Machinery and transport equipment	-2.5	-8.5
Miscellaneous manufactured articles	-3.3	-9.3
Commodities and transactions, n.e.c.	10.1	10.8
Export Price Index all groups	-0.6	-3.2
Food and live animals	3.5	3.0
Beverages and tobacco	-8.8	-14.7
Crude materials, inedible, except fuels	-5.2	-3.9
Mineral fuels, lubricants and related materials	6.5	-1.3
Chemicals and related products, n.e.c.	-4.9	-10.2
Manufactured goods classified chiefly by material	-6.8	-10.1
Machinery and transport equipment	-2.5	-4.7
Miscellaneous manufactured articles	-2.3	-8.2

IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX : all groups, Quarterly % change

DECEMBER KEY POINTS


IMPORT PRICE INDEX

• The Import Price Index increased by 0.2% in the December quarter 2007. The increase was mainly driven by rises in prices paid for petroleum, petroleum products and related materials (+13.9%) and gold, non-monetary (+10.1%). These rises were partly offset by falls in prices paid for office machines and ADP machines (-8.0%) and telecommunications and sound recording and reproducing apparatus and equipment (-5.7%). Through the year to December quarter 2007, the Import Price Index decreased by 2.2%.

• The Export Price Index decreased by 0.6% in the December quarter 2007. The decrease this quarter was driven by price falls in metalliferous ores and metal scrap (-6.5%), non-ferrous metals (-8.9%) and coal, coke and briquettes (-6.1%), partly offset by increases in prices received for gas, natural and manufactured (+42.4%) and petroleum products and related materials (+11.4%). Through the year to December quarter 2007, the Export Price Index decreased by 3.2%. Appreciation of the Australian dollar also contributed to this decrease.

ROUNDING

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

DATA REFERENCES

Data referenced in the Key points 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>.

RELATED STATISTICS

For more information about statistics in this publication contact Lee Taylor on (02) 6252 6251, or email <lee.taylor@abs.gov.au>.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Lee Taylor on Canberra (02) 6252 6251.