Chapter 2 General Methodology

The Australian Producer and International Trade Price Indexes are compiled in broad agreement with the guidelines contained in the International Monetary Fund’s Producer Price Index Manual, Theory and Practice (2004) and Export and Import Price Index Manual, Theory and Practice (2009).

As the International Monetary Fund’s guidelines are not targeted to harmoniously align with the broad range of industries of the Australian economy, this section of the release explores the historical development of the Producer and International Trade Price Indexes and outline the current methodology used by the ABS in the compilation of the Australia, Producer Price Indexes (PPI), and International Trade Price Indexes (ITPI).