Producer Price Indexes, Australia

This is not the latest release View the latest release

Contains a range of producer price indexes in the Australian economy, comprising mining, manufacturing, construction and services industries.

Reference period
December 2022
Released
27/01/2023

Key statistics

Final demand (excluding exports)

  • Rose 0.7% this quarter.
  • Rose 5.8% over the past twelve months.

What are the Producer Price Indexes (PPIs)?

What is Final Demand?

Changes in future issues

From the March quarter 2023, the following additional indexes will be included in the Time Series Spreadsheets:

Table 35. Output of the Health care and social assistance industries will include group and class index numbers for:

  • Group 853 Allied health services
  • Class 8531 Dental services
  • Class 8532 Optometry and optical dispensing
  • Class 8533 Physiotherapy services
  • Class 8534 Chiropractic and osteopathic services
  • Class 8591 Ambulance services

A review of the Input to mining PPI will be undertaken in the March quarter 2023, consisting of an update of the weights for the Input to mining index.

Quarterly overview

Construction and Computer and electronic equipment manufacturing industries drove the increase in Final demand this quarter.

 Sep Qtr 22 to Dec Qtr 22Dec Qtr 21 to Dec Qtr 22
Final demand

% change

% change

Final demand (excl. exports)0.75.8

Index reference period: 2011-12 - 100.0.

The main contributors to quarterly growth in Final demand were:

  • Output of building construction (+1.6%), due to ongoing supply chain disruptions for imported products, coupled with high demand for finishing stage materials and skilled labour shortages.
  • Heavy and civil engineering construction (+1.5%), due to increased costs for diesel and strong demand for skilled labour.
  • Computer and electronic equipment manufacturing (+4.2%) due to exchange rate impacts.

Offsetting the rise were price falls in:

  • Petroleum refining and petroleum fuel manufacturing (-10.0%), due to a fall in global crude oil prices and a rise in global fuel production.
  • Other agriculture (-7.4%), due to a fall in prices of select commodities, as supply levels recover from flood events during September quarter 2022.
  • Electricity supply; gas supply; and water supply, sewerage and drainage services (-2.6%), due to a fall in industrial electricity prices following a decrease in wholesale prices.

Rounding

Any discrepancies between totals and sums of components in this publication are due to rounding.

Construction

Input to the house construction industry

Output of the construction industry

Mining industries

Input to the coal mining industry

Output of the mining industry

Manufacturing

Input to the manufacturing industry

Output of the manufacturing industry

Services

Output of the services industries

Data downloads

Data files
Data files

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

For more information about Data Explorer, see the Data Explorer user guide.

Final demand

Construction

Mining industries

Manufacturing

Previous catalogue number

This release previously used catalogue number 6427.0.

Using price indexes

Price indexes in contracts

Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses).

Use of Price Indexes in Contracts sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index.

Changes in this release

There have been no changes to this quarter's release.

See the full history of changes.

Additional information

The compilation of the quarterly Producer Price Index for the Output of the Retail Trade Industry, normally released as an additional update of the Producer Price Indexes, Australia (ABS cat. No. 6427.0), has been paused indefinitely as a result of changing priorities within the ABS as a result of the COVID-19 pandemic.

Back to top of the page