PRICE INDEXES AND CONTRACT PRICE INDEXATION
SEPTEMBER QUARTER KEY FIGURES
 | Jun Qtr 06 to Sep Qtr 06 | Sep Qtr 05 to Sep Qtr 06 |
| % change | % change |
|
| Import Price Index all groups | -0.3 | 3.7 |
| Food and live animals | -1.2 | 0.3 |
| Beverages and tobacco | -7.1 | -9.5 |
| Crude materials | 2.6 | 7.8 |
| Mineral fuels, etc. | -1.0 | 19.2 |
| Animal and vegetable oils, etc. | -4.0 | 23.7 |
| Chemicals and related products | 0.7 | 0.4 |
| Manufactured goods by material | 3.1 | 10.6 |
| Machinery and transport equipment | -0.8 | -1.2 |
| Miscellaneous manufactured articles | -1.5 | 0.6 |
| Commodities and transactions n.e.s. | -2.8 | 40.9 |
| Export Price Index all groups | 1.9 | 13.2 |
| Food and live animals | -2.6 | 4.2 |
| Beverages and tobacco | 0.0 | -5.5 |
| Crude materials | 11.5 | 20.7 |
| Mineral fuels, etc. | -4.0 | -0.4 |
| Chemicals and related products | 0.2 | 16.7 |
| Manufactured goods by material | 8.5 | 45.2 |
| Machinery and transport equipment | -1.4 | -0.1 |
| Miscellaneous manufactured articles | 0.3 | 3.3 |
|
IMPORT PRICE INDEX: all groups, Quarterly % change
| EXPORT PRICE INDEX: all groups, Quarterly % change
|
SEPTEMBER QUARTER KEY POINTS
IMPORT PRICE INDEX
- The -0.3% fall in the Import Price Index for the September quarter 2006 was mainly due to decreases in refined petroleum oils and transmission apparatus. The most significant offsetting price increases were observed for crude oils and manufactured metal products. This quarter's decrease follows a 2.3% increase in June quarter 2006. Through the year to September quarter 2006, the Import Price Index rose 3.7%.
EXPORT PRICE INDEX
- The Export Price Index increased by 1.9% in the September quarter 2006, following a 3.6% increase in June quarter 2006. The increase this quarter was driven by price rises for iron ore and concentrates, nickel, copper, zinc and petroleum gases. The most significant offsetting price decreases were for exports of coal, aluminium, sugar and gold. Through the year to September quarter 2006, the Export Price Index rose 13.3%.
NOTES
FORTHCOMING ISSUES
| ISSUE (QUARTER) | Release Date |
| December 2006 | 19 January 2007 |
| March 2007 | 20 April 2007 |
CHANGES IN THIS ISSUE
Both the Import Price Index and the Export Price Index have been reweighted in the September quarter 2006. This is in line with the ABS' policy of reweighting these indexes annually in the September quarter, as explained in paragraphs 8-10 of the Explanatory Notes. The new weighting patterns are provided in an Appendix to this issue.
As a consequence of this annual reweighting, points contribution data for June quarter 2006 shown in Tables 2, 8 and 17 differ from those published in the previous issue of this publication.
ROUNDING
Any discrepancies between totals and sums of components in this publication are due to rounding.
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.
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