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MARCH QUARTER KEY FIGURES

	Dec Qtr 04 to Mar Qtr 05	Mar Qtr 04 to Mar Qtr 05
	% change	% change
Import Price Index all groups	-2.4	2.2
Food and live animals	-1.4	2.8
Beverages and tobacco	-2.8	-7.2
Crude materials	-1.6	5.6
Mineral fuels, etc.	-5.9	29.6
Animal and vegetable oils, etc.	-5.6	0.1
Chemicals and related products	-0.8	4.6
Manufactured goods by material	-0.6	6.3
Machinery and transport equipment	-2.9	-3.1
Miscellaneous manufactured articles	-1.7	0.9
Commodities and transactions n.e.s.	-4.3	2.8
Export Price Index all groups	-0.5	13.5
Food and live animals	-0.7	5.3
Beverages and tobacco	-0.9	1.6
Crude materials	-0.1	12.3
Mineral fuels, etc.	-0.1	36.9
Chemicals and related products	0.2	7.9
Manufactured goods by material	0.0	19.1
Machinery and transport equipment	-1.5	0.6
Miscellaneous manufactured articles	-0.5	0.3

IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX: all groups, Quarterly % change

MARCH QUARTER KEY POINTS

IMPORT PRICE INDEX

• The Import Price Index decreased by 2.4% in the March quarter 2005. The most significant contributors to the decrease were crude petroleum oils, transmission apparatus, medicaments, parts for telecommunications equipment, and parts for automatic data processing machines. The decreases were partially driven by the appreciation of the Australian dollar against all major currencies. The most significant offsetting price increases were observed for unclad rolled iron and steel, and diamonds.

• The Export Price Index decreased by 0.5% in the March quarter 2005. The most significant contributors to the decrease were crude petroleum oils, gold, frozen beef and petroleum gases. The decreases for all commodities were partially driven by the appreciation of the Australian dollar against all major currencies. The most significant offsetting price increases were observed for coal and semi-coke, alumina, and zinc ores and concentrates.