PRICE INDEXES OF MATERIALS USED IN BUILDING
- In the June quarter 2009, the increase in the price of materials for housing construction in Western Australia was 0.4%, lower than for the previous quarter (1.2%).
- Through the year to June 2009, the price index for these materials rose by just over 7%. This was over 1 percentage point more than the national rise. Perth had the second largest annual price increase after Adelaide (almost 10%).
4 Price index of materials used in house building(a), By material - Perth |
|
| Percentage change |
| Mar Qtr 2009 to Jun Qtr 2009 | Jun Qtr 2008 to Jun Qtr 2009 |
Material group | % | % |
|
All groups | 0.4 | 7.1 |
Timber, board and joinery | 0.9 | 1.0 |
Ceramic products | 2.4 | 3.9 |
Concrete, cement and sand | -0.4 | 3.7 |
Cement products | 1.1 | 1.1 |
Steel products | -2.7 | 34.2 |
Other metal products | 2.5 | 13.6 |
Plumbing products | -2.3 | 2.6 |
Electrical equipment | -0.3 | 3.1 |
Installed gas and electrical appliances | 0.5 | 5.0 |
Other materials | -0.4 | 3.9 |
|
(a) Reference base of each index: 1989-90 = 100.0 |
Source: Producer Price Indexes, Australia, cat. no. 6427.0. |
- The price of steel products continued to drive the overall price increase in building materials in the year to June 2009. Despite falling 2.7% from the March quarter 2009, the steel products component of the index was 34% higher than in the June quarter 2008. This increase is closely aligned to the national increase of 28% over the same period.
To view Excel spreadsheet:
Price Indexes of Materials Used in Building