Price Indexes of Articles Produced by Manufacturing Industries
These indexes measure movements in the prices of articles produced by establishments classified to the Manufacturing Division of the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition.
The indexes are constructed on a net sector basis. This approach means that the All Manufacturing Industry Index represents price movements of goods which are produced by establishments in the Manufacturing Division, for sale or transfer to establishments outside the Manufacturing Division, for export, or for use as capital equipment. Articles which are sold or transferred to other establishments within manufacturing industry, for further processing or for use as inputs, are excluded.
The composition and weighting pattern have recently been updated; they are now based on the value of production in 1993-94 and have a reference base of 1989-90 = 100.0.
The indexes were first published in June 1976 on a reference base of 1968-69 = 100.0, with indexes compiled retrospectively to July 1968. The composition and weighting patterns of the indexes were based on the value of production in 1971-72.
Table 28.9 sets out a summary index for articles produced. More detailed index numbers are contained in table 19.20 of Manufacturing.
28.9 PRICE INDEXES OF ARTICLES PRODUCED BY MANUFACTURING INDUSTRIES(a)(b) |
|
| Year | Manufacturing Division Index |
|
| 1993-94 | 108.5 |
| 1994-95 | 110.9 |
| 1995-96 | 113.7 |
| 1996-97 | 114.3 |
| 1997-98 | 115.9 |
| 1998-99 | 115.6 |
| 1999-2000 | 120.6 |
| 2000-01 | 128.5 |
|
(a) Reference base year 1989-90 = 100.0.
(b) For a full description of Division C, Manufacturing and the subdivisions within the Manufacturing Division, see the Australian and New Zealand Standard Industrial Classification (ANZSIC)(1292.0). |
Source: Producer Price Indexes, Australia (6427.0). |
Price Indexes of Materials Used in Manufacturing Industries
These indexes measure changes in prices of materials used by establishments classified to the Manufacturing Division of the Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 edition.
Indexes are published for materials used in the Manufacturing Industry as a whole (split into imported and domestic materials) and for each of 17 separate Manufacturing sectors (defined in terms of ANZSIC subdivisions or ANZSIC groups). Indexes are also published for materials sourced domestically and those that are imported.
The indexes are compiled and published on a net sector basis. That is, each index includes only those materials which are used in the defined sector of Australian manufacturing industry and which have been produced by establishments outside that sector.
The current index series were introduced in July 1996 on a reference base of 1989-90 = 100.0. The items included in the indexes were allocated weights in accordance with the estimated value of manufacturing usage in 1989-90.
The indexes were first compiled on a reference base of 1968-69 = 100.0, using a weighting pattern derived from estimated manufacturing usage in 1971-72. Index numbers for this first series are available for the period July 1968 to November 1985.
A rebased series was introduced in December 1985 on a reference base of 1984-85 = 100.0 using a weighting pattern based on estimated manufacturing usage in 1977-78.
Table 28.10 shows summary indexes for materials used. More detailed index numbers are contained in table 19.19 of Manufacturing.
28.10 PRICE INDEXES OF MATERIALS USED IN MANUFACTURING INDUSTRIES(a) |
|
| Year | Imported
materials | Domestic
materials | All
materials |
|
| 1993-94 | 108.8 | 102.5 | 104.7 |
| 1994-95 | 112.7 | 104.9 | 107.6 |
| 1995-96 | 117.6 | 106.0 | 110.1 |
| 1996-97 | 109.4 | 104.2 | 106.0 |
| 1997-98 | 112.2 | 104.1 | 107.0 |
| 1998-99 | 113.5 | 101.5 | 105.9 |
| 1999-2000 | 118.8 | 114.5 | 115.8 |
| 2000-01 | 134.0 | 131.9 | 132.4 |
|
| (a) Reference base year 1989-90 = 100.0. |
Source: Producer Price Indexes, Australia (6427.0). |
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