Producer Price Indexes, Australia, March 2024

What are the Producer Price Indexes (PPIs)?

What is Final demand?

Quarterly overview

Final demand increased 0.9% this quarter with rises across most industries. Service output prices were influenced by increased operating costs and higher prices linked to fees. Construction output prices continue to contribute to the increase in Final demand, while falls in crude oil and petroleum-based outputs partially offset these rises.

	Dec Qtr 2023 to Mar Qtr 2024	Mar Qtr 2023 to Mar Qtr 2024
Final demand	% change	% change
Final demand (excl. exports)	0.9	4.3

Final demand increased 0.9% this quarter
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	111.2	0.4	1.9
Jun-19	111.6	0.4	2.0
Sep-19	112.1	0.4	1.6
Dec-19	112.4	0.3	1.4
Mar-20	112.6	0.2	1.3
Jun-20	111.2	-1.2	-0.4
Sep-20	111.7	0.4	-0.4
Dec-20	112.3	0.5	-0.1
Mar-21	112.8	0.4	0.2
Jun-21	113.6	0.7	2.2
Sep-21	114.9	1.1	2.9
Dec-21	116.4	1.3	3.7
Mar-22	118.3	1.6	4.9
Jun-22	120.0	1.4	5.6
Sep-22	122.3	1.9	6.4
Dec-22	123.2	0.7	5.8
Mar-23	124.1	0.7	4.9
Jun-23	124.7	0.5	3.9
Sep-23	127.0	1.8	3.8
Dec-23	128.2	0.9	4.1
Mar-24	129.4	0.9	4.3

Final demand increased 0.9% this quarter

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[111.2],[111.59999999999999],[112.09999999999999],[112.40000000000001],[112.59999999999999],[111.2],[111.7],[112.3],[112.8],[113.59999999999999],[114.90000000000001],[116.40000000000001],[118.3],[120],[122.3],[123.2],[124.09999999999999],[124.7],[127],[128.19999999999999],[129.40000000000001]],[[0.40000000000000002],[0.40000000000000002],[0.40000000000000002],[0.29999999999999999],[0.20000000000000001],[-1.2],[0.40000000000000002],[0.5],[0.40000000000000002],[0.69999999999999996],[1.1000000000000001],[1.3],[1.6000000000000001],[1.3999999999999999],[1.8999999999999999],[0.69999999999999996],[0.69999999999999996],[0.5],[1.8],[0.90000000000000002],[0.90000000000000002]],[[1.8999999999999999],[2],[1.6000000000000001],[1.3999999999999999],[1.3],[-0.40000000000000002],[-0.40000000000000002],[-0.10000000000000001],[0.20000000000000001],[2.2000000000000002],[2.8999999999999999],[3.7000000000000002],[4.9000000000000004],[5.5999999999999996],[6.4000000000000004],[5.7999999999999998],[4.9000000000000004],[3.8999999999999999],[3.7999999999999998],[4.0999999999999996],[4.2999999999999998]]]

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Index reference period: 2011-12 = 100.0.

The main contributors to quarterly growth in Final demand were:

Property operators (+2.1%), driven by fees linked to increased rents as demand for rental dwellings outstrips supply.
Tertiary education (+5.3%), due to rising operating costs and higher tuition fees.
Residential building construction (+1.3%), due to ongoing skilled labour and material shortages, particularly for the finishing stages of house building.
Non-residential building construction (+1.8%), driven by competition with other sectors for skilled labour and materials, and increasing margins applied to manage resource availability risk.

Property operator services and Construction drive growth in Final demand
Main contributors	quarter (% change)	annual (% change)
Property Operators	2.1	9.5
Tertiary Education	5.3	6.6
Residential Building Construction	1.3	5.3
Non-Residential Building Construction	1.8	6.6

Property operator services and Construction drive growth in Final demand

["Main contributors","quarter (% change)","annual (% change)"]

[["Property Operators","Tertiary Education","Residential Building Construction","Non-Residential Building Construction"],[[2.1000000000000001],[5.2999999999999998],[1.3],[1.8]],[[9.5],[6.5999999999999996],[5.2999999999999998],[6.5999999999999996]]]

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Rounding

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

Construction

Input to the house construction industry

Input prices to the house construction industry rose 0.4%.

Input prices to house construction recorded a rise of 0.4% in the March quarter. Prices for Other materials and Other metal products rose due to increases in raw material prices, notably aluminium and gypsum. Suppliers are continuing to pass through increased input costs from higher energy prices for products such as aluminium windows and doors, and plaster products.

Discounted products used earlier in construction such as structural timber is partially offsetting the quarterly rise as demand for new house construction continues to soften.

Over the past twelve months, Input prices to house construction rose 1.3%.

Energy prices continue to influence higher Inputs to house construction
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	117.9	0.2	2.3
Jun-19	118.1	0.2	1.8
Sep-19	118.4	0.3	1.0
Dec-19	118.4	0	0.6
Mar-20	118.8	0.3	0.8
Jun-20	120.2	1.2	1.8
Sep-20	120.4	0.2	1.7
Dec-20	120.5	0.1	1.8
Mar-21	121.8	1.1	2.5
Jun-21	125.0	2.6	4.0
Sep-21	130.0	4.0	8.0
Dec-21	134.9	3.8	12.0
Mar-22	140.5	4.2	15.4
Jun-22	146.6	4.3	17.3
Sep-22	150.8	2.9	16.0
Dec-22	154.1	2.2	14.2
Mar-23	156.5	1.6	11.4
Jun-23	157.4	0.6	7.4
Sep-23	157.4	0	4.4
Dec-23	157.8	0.3	2.4
Mar-24	158.5	0.4	1.3

Energy prices continue to influence higher Inputs to house construction

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[117.90000000000001],[118.09999999999999],[118.40000000000001],[118.40000000000001],[118.8],[120.2],[120.40000000000001],[120.5],[121.8],[125],[130],[134.90000000000001],[140.5],[146.59999999999999],[150.80000000000001],[154.09999999999999],[156.5],[157.40000000000001],[157.40000000000001],[157.80000000000001],[158.5]],[[0.20000000000000001],[0.20000000000000001],[0.29999999999999999],[0],[0.29999999999999999],[1.2],[0.20000000000000001],[0.10000000000000001],[1.1000000000000001],[2.6000000000000001],[4],[3.7999999999999998],[4.2000000000000002],[4.2999999999999998],[2.8999999999999999],[2.2000000000000002],[1.6000000000000001],[0.59999999999999998],[0],[0.29999999999999999],[0.40000000000000002]],[[2.2999999999999998],[1.8],[1],[0.59999999999999998],[0.80000000000000004],[1.8],[1.7],[1.8],[2.5],[4],[8],[12],[15.4],[17.300000000000001],[16],[14.199999999999999],[11.4],[7.4000000000000004],[4.4000000000000004],[2.3999999999999999],[1.3]]]

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In building materials, the main contributors were:

Other materials (+2.0%), driven by plaster products (+3.5%), due to elevated input costs into manufacturing, and low gypsum supply.
Other metal products (+0.5%), driven by aluminium windows and doors (+1.0%), due to rising raw material costs, and elevated road freight costs in recent quarters.
Ceramic products (+1.5%), driven by ceramic tiles (+3.9%), due to strong demand for finishing products, and higher import costs.

Partially offsetting this were price falls in:

Timber, board and joinery (-0.5%), driven by structural timber (-2.5%), due to increased volume of softwood imports, and decreasing demand for new house construction.

Plaster products, aluminium windows and ceramics contributed to increased house building costs
Main contributors	quarter (% change)	annual (% change)
Other materials	2.0	5.8
Other metal products	0.5	0.4
Ceramic products	1.5	5.1
Timber, board and joinery	-0.5	-1.2

Plaster products, aluminium windows and ceramics contributed to increased house building costs

["Main contributors","quarter (% change)","annual (% change)"]

[["Other materials","Other metal products","Ceramic products","Timber, board and joinery"],[[2],[0.5],[1.5],[-0.5]],[[5.7999999999999998],[0.40000000000000002],[5.0999999999999996],[-1.2]]]

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Capital city price movements (Territory prices are not sampled):

Sydney (+0.1%), driven by Concrete, cement and sand (+2.8%).
Melbourne (+0.4%), driven by Other materials (+1.8%).
Brisbane (+0.6%), driven by Other materials (+4.4%).
Adelaide (+1.3%), driven by Timber, board and joinery (+1.7%).
Perth (+0.9%), driven by Other metal products (+3.5%).
Hobart (+0.4%), driven by Steel products (+3.2%).

Input prices to house construction rose across all states this quarter
City	quarter (% change)	annual (% change)
AUST	0.4	1.3
SYD	0.1	1.1
MEL	0.4	0.5
BRI	0.6	2.6
ADE	1.3	1.9
PER	0.9	1.6
HOB	0.4	1.8

Input prices to house construction rose across all states this quarter

["City","quarter (% change)","annual (% change)"]

[["AUST","SYD","MEL","BRI","ADE","PER","HOB"],[[0.40000000000000002],[0.10000000000000001],[0.40000000000000002],[0.59999999999999998],[1.3],[0.90000000000000002],[0.40000000000000002]],[[1.3],[1.1000000000000001],[0.5],[2.6000000000000001],[1.8999999999999999],[1.6000000000000001],[1.8]]]

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Output of the construction industry

Output prices of the construction industries rose.

Building construction prices rose 1.6% this quarter and 5.9% over the past twelve months.

Growth in the Output of the construction industries was driven by ongoing labour shortages for skilled tradespeople, with industry demand placing upward pressure on output costs. While most material prices continued to stabilise, prices increased for concrete based structural components due to high demand, high manufacturing costs, and labour shortages. The ongoing activity in the non-residential market, coupled with pressure from the residential and infrastructure sectors, continued to drive competition for limited resources.

The quarterly price movements by class were:

House construction (+1.0%).
Other residential building construction (+1.8%).
Non-residential construction (+1.7%).

Skilled labour shortages continue to place pressure on the construction industry
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	115.3	0.2	2.1
Jun-19	115.8	0.4	1.4
Sep-19	115.8	0	1.0
Dec-19	116.0	0.2	0.8
Mar-20	116.0	0	0.6
Jun-20	116.2	0.2	0.3
Sep-20	116.2	0	0.3
Dec-20	116.9	0.6	0.8
Mar-21	117.8	0.8	1.6
Jun-21	120.0	1.9	3.3
Sep-21	122.5	2.1	5.4
Dec-21	126.0	2.9	7.8
Mar-22	129.7	2.9	10.1
Jun-22	134.6	3.8	12.2
Sep-22	138.2	2.7	12.8
Dec-22	140.4	1.6	11.4
Mar-23	141.9	1.1	9.4
Jun-23	143.3	1.0	6.5
Sep-23	145.2	1.3	5.1
Dec-23	148.0	1.9	5.4
Mar-24	150.3	1.6	5.9

Skilled labour shortages continue to place pressure on the construction industry

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[115.3],[115.8],[115.8],[116],[116],[116.2],[116.2],[116.90000000000001],[117.8],[120],[122.5],[126],[129.69999999999999],[134.59999999999999],[138.19999999999999],[140.40000000000001],[141.90000000000001],[143.30000000000001],[145.19999999999999],[148],[150.30000000000001]],[[0.20000000000000001],[0.40000000000000002],[0],[0.20000000000000001],[0],[0.20000000000000001],[0],[0.59999999999999998],[0.80000000000000004],[1.8999999999999999],[2.1000000000000001],[2.8999999999999999],[2.8999999999999999],[3.7999999999999998],[2.7000000000000002],[1.6000000000000001],[1.1000000000000001],[1],[1.3],[1.8999999999999999],[1.6000000000000001]],[[2.1000000000000001],[1.3999999999999999],[1],[0.80000000000000004],[0.59999999999999998],[0.29999999999999999],[0.29999999999999999],[0.80000000000000004],[1.6000000000000001],[3.2999999999999998],[5.4000000000000004],[7.7999999999999998],[10.1],[12.199999999999999],[12.800000000000001],[11.4],[9.4000000000000004],[6.5],[5.0999999999999996],[5.4000000000000004],[5.9000000000000004]]]

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House construction prices rose 1.0%.

House construction prices rose this quarter, driven by increases in Western Australia and Victoria. Ongoing labour shortages for finishing trades, price rises for end stage materials, and the resulting cost escalations drove price rises this quarter, contributing to base price rises. Differing demand across capital cities impacted builders' ability to recover and maintain margins, with increased demand in Western Australia resulting in higher prices. Increased bonus offers to attract new business offset base price rises in New South Wales, as demand for new house construction continued to weaken.

Over the past twelve months, House construction prices rose 4.3%.

Western Australia and Victoria drive increase in House construction prices
State	quarter (% change)	annual (% change)
AUST	1.0	4.3
NSW	-0.3	3.0
VIC	1.1	3.2
QLD	0.9	2.3
SA	1.1	6.4
WA	3.7	12.6
TAS	2.1	6.1
NT	0	1.8
ACT	3.2	9.9

Western Australia and Victoria drive increase in House construction prices

["State","quarter (% change)","annual (% change)"]

[["AUST","NSW","VIC","QLD","SA","WA","TAS","NT","ACT"],[[1],[-0.29999999999999999],[1.1000000000000001],[0.90000000000000002],[1.1000000000000001],[3.7000000000000002],[2.1000000000000001],[0],[3.2000000000000002]],[[4.2999999999999998],[3],[3.2000000000000002],[2.2999999999999998],[6.4000000000000004],[12.6],[6.0999999999999996],[1.8],[9.9000000000000004]]]

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Other residential building construction prices rose 1.8%.

Growth in Other residential construction prices were driven by New South Wales and Queensland. Ongoing labour shortages for skilled tradespeople are the primary cause for price increases this quarter. Increased margins also contributed to the price rise as project risk associated with resource and labour availability and demand from a strong pipeline of infrastructure projects remain. High prices for concrete based structural components due to manufacturing input cost increases also placed upward pressure on overall cost.

Over the past twelve months, Other residential building construction prices rose 7.0%.

Other residential construction prices rose 7.0% over the past 12 months
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	111.9	0.4	3.1
Jun-19	112.9	0.9	2.7
Sep-19	113.1	0.2	2.1
Dec-19	113.2	0.1	1.6
Mar-20	112.7	-0.4	0.7
Jun-20	113.0	0.3	0.1
Sep-20	112.6	-0.4	-0.4
Dec-20	112.4	-0.2	-0.7
Mar-21	112.8	0.4	0.1
Jun-21	114.9	1.9	1.7
Sep-21	116.1	1.0	3.1
Dec-21	118.7	2.2	5.6
Mar-22	120.8	1.8	7.1
Jun-22	123.7	2.4	7.7
Sep-22	125.9	1.8	8.4
Dec-22	128.3	1.9	8.1
Mar-23	129.8	1.2	7.5
Jun-23	131.0	0.9	5.9
Sep-23	133.0	1.5	5.6
Dec-23	136.4	2.6	6.3
Mar-24	138.9	1.8	7.0

Other residential construction prices rose 7.0% over the past 12 months

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[111.90000000000001],[112.90000000000001],[113.09999999999999],[113.2],[112.7],[113],[112.59999999999999],[112.40000000000001],[112.8],[114.90000000000001],[116.09999999999999],[118.7],[120.8],[123.7],[125.90000000000001],[128.30000000000001],[129.80000000000001],[131],[133],[136.40000000000001],[138.90000000000001]],[[0.40000000000000002],[0.90000000000000002],[0.20000000000000001],[0.10000000000000001],[-0.40000000000000002],[0.29999999999999999],[-0.40000000000000002],[-0.20000000000000001],[0.40000000000000002],[1.8999999999999999],[1],[2.2000000000000002],[1.8],[2.3999999999999999],[1.8],[1.8999999999999999],[1.2],[0.90000000000000002],[1.5],[2.6000000000000001],[1.8]],[[3.1000000000000001],[2.7000000000000002],[2.1000000000000001],[1.6000000000000001],[0.69999999999999996],[0.10000000000000001],[-0.40000000000000002],[-0.69999999999999996],[0.10000000000000001],[1.7],[3.1000000000000001],[5.5999999999999996],[7.0999999999999996],[7.7000000000000002],[8.4000000000000004],[8.0999999999999996],[7.5],[5.9000000000000004],[5.5999999999999996],[6.2999999999999998],[7]]]

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Non-residential construction prices rose 1.7%.

Non-residential construction prices increased, driven by rises in New South Wales and Victoria. The price rise was due to contractors and subcontractors attempting to restore or maintain margins, with prices reflecting both recent and expected labour and material cost increases.

Over the past twelve months, Non-residential building construction prices rose 6.6%.

Skilled labour shortages continue to drive price increases in Non-residential construction
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	111.0	0.5	2.6
Jun-19	111.9	0.8	2.3
Sep-19	112.0	0.1	1.7
Dec-19	112.1	0.1	1.4
Mar-20	111.8	-0.3	0.7
Jun-20	112.1	0.3	0.2
Sep-20	111.9	-0.2	-0.1
Dec-20	112.1	0.2	0
Mar-21	112.6	0.4	0.7
Jun-21	114.9	2.0	2.5
Sep-21	116.6	1.5	4.2
Dec-21	119.3	2.3	6.4
Mar-22	121.7	2.0	8.1
Jun-22	125.0	2.7	8.8
Sep-22	127.3	1.8	9.2
Dec-22	129.7	1.9	8.7
Mar-23	131.4	1.3	8.0
Jun-23	132.6	0.9	6.1
Sep-23	134.6	1.5	5.7
Dec-23	137.7	2.3	6.2
Mar-24	140.1	1.7	6.6

Skilled labour shortages continue to drive price increases in Non-residential construction

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[111],[111.90000000000001],[112],[112.09999999999999],[111.8],[112.09999999999999],[111.90000000000001],[112.09999999999999],[112.59999999999999],[114.90000000000001],[116.59999999999999],[119.3],[121.7],[125],[127.3],[129.69999999999999],[131.40000000000001],[132.59999999999999],[134.59999999999999],[137.69999999999999],[140.09999999999999]],[[0.5],[0.80000000000000004],[0.10000000000000001],[0.10000000000000001],[-0.29999999999999999],[0.29999999999999999],[-0.20000000000000001],[0.20000000000000001],[0.40000000000000002],[2],[1.5],[2.2999999999999998],[2],[2.7000000000000002],[1.8],[1.8999999999999999],[1.3],[0.90000000000000002],[1.5],[2.2999999999999998],[1.7]],[[2.6000000000000001],[2.2999999999999998],[1.7],[1.3999999999999999],[0.69999999999999996],[0.20000000000000001],[-0.10000000000000001],[0],[0.69999999999999996],[2.5],[4.2000000000000002],[6.4000000000000004],[8.0999999999999996],[8.8000000000000007],[9.1999999999999993],[8.6999999999999993],[8],[6.0999999999999996],[5.7000000000000002],[6.2000000000000002],[6.5999999999999996]]]

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Heavy and civil engineering construction prices rose 1.4%.

Other heavy and civil engineering construction (+1.3%) rose due to supplier price rises, particularly for concrete materials. Rising wage costs due to skilled labour shortages also contributed to the rise.
Road and bridge construction (+1.5%) rose due to supplier price rises and increased concrete prices amid ongoing demand from infrastructure projects and repairs for flood damaged roads.

Heavy and civil engineering construction prices rose 3.7% over the past twelve months.

Increased input and labour costs drove price rises for Heavy and civil engineering construction
Quarter	index no.	Other heavy & civil (% change)	Road and bridge (% change)
Mar-19	115.3	0.5	0
Jun-19	115.9	0.6	0.5
Sep-19	116.6	0.6	0.4
Dec-19	116.8	0.3	0.2
Mar-20	117.0	0.3	-0.3
Jun-20	117.1	0.3	-0.8
Sep-20	117.2	0.1	0.3
Dec-20	117.6	0.2	0.6
Mar-21	117.9	0.4	-0.2
Jun-21	119.9	1.7	1.7
Sep-21	122.5	2.3	1.4
Dec-21	124.2	1.4	1.3
Mar-22	127.1	2.3	2.7
Jun-22	130.7	2.7	3.0
Sep-22	134.2	2.7	2.7
Dec-22	136.1	1.3	2.1
Mar-23	136.5	0.1	0.9
Jun-23	137.7	1.0	0.4
Sep-23	138.9	0.8	1.4
Dec-23	139.7	0.5	0.9
Mar-24	141.6	1.3	1.5

Increased input and labour costs drove price rises for Heavy and civil engineering construction

["Quarter","index no.","Other heavy & civil (% change)","Road and bridge (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[115.3],[115.90000000000001],[116.59999999999999],[116.8],[117],[117.09999999999999],[117.2],[117.59999999999999],[117.90000000000001],[119.90000000000001],[122.5],[124.2],[127.09999999999999],[130.69999999999999],[134.19999999999999],[136.09999999999999],[136.5],[137.69999999999999],[138.90000000000001],[139.69999999999999],[141.59999999999999]],[[0.5],[0.59999999999999998],[0.59999999999999998],[0.29999999999999999],[0.29999999999999999],[0.29999999999999999],[0.10000000000000001],[0.20000000000000001],[0.40000000000000002],[1.7],[2.2999999999999998],[1.3999999999999999],[2.2999999999999998],[2.7000000000000002],[2.7000000000000002],[1.3],[0.10000000000000001],[1],[0.80000000000000004],[0.5],[1.3]],[[0],[0.5],[0.40000000000000002],[0.20000000000000001],[-0.29999999999999999],[-0.80000000000000004],[0.29999999999999999],[0.59999999999999998],[-0.20000000000000001],[1.7],[1.3999999999999999],[1.3],[2.7000000000000002],[3],[2.7000000000000002],[2.1000000000000001],[0.90000000000000002],[0.40000000000000002],[1.3999999999999999],[0.90000000000000002],[1.5]]]

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Mining industries

Input to the coal mining industry

Input to coal mining prices fell this quarter, driven by lower diesel prices
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	108.1	-0.5	3.1
Jun-19	108.8	0.6	3.0
Sep-19	109.1	0.3	2.0
Dec-19	109.6	0.5	0.9
Mar-20	109.7	0.1	1.5
Jun-20	106.3	-3.1	-2.3
Sep-20	107.3	0.9	-1.6
Dec-20	107.0	-0.3	-2.4
Mar-21	107.6	0.6	-1.9
Jun-21	109.2	1.5	2.7
Sep-21	111.9	2.5	4.3
Dec-21	115.4	3.1	7.9
Mar-22	117.4	1.7	9.1
Jun-22	121.9	3.8	11.6
Sep-22	125.1	2.6	11.8
Dec-22	127.1	1.6	10.1
Mar-23	126.8	-0.2	8.0
Jun-23	127.3	0.4	4.4
Sep-23	131.0	2.9	4.7
Dec-23	133.8	2.1	5.3
Mar-24	132.4	-1.0	4.4

Output of the mining industry

Gas extraction, domestic, Australia, quarterly and annual movement (%)
Quarter	index no	quarter (% change)	annual (% change)
Mar-19	147.0	-2.8	1.5
Jun-19	151.8	3.3	4.9
Sep-19	155.0	2.1	3.7
Dec-19	148.8	-4.0	-1.7
Mar-20	154.8	4.0	5.3
Jun-20	146.6	-5.3	-3.4
Sep-20	132.2	-9.8	-14.7
Dec-20	137.8	4.2	-7.4
Mar-21	144.1	4.6	-6.9
Jun-21	151.1	4.9	3.1
Sep-21	165.5	9.5	25.2
Dec-21	173.8	5.0	26.1
Mar-22	190.0	9.3	31.9
Jun-22	215.5	13.4	42.6
Sep-22	262.3	21.7	58.5
Dec-22	215.9	-17.7	24.2
Mar-23	219.3	1.6	15.4
Jun-23	228.4	4.1	6.0
Sep-23	237.5	4.0	-9.5
Dec-23	234.5	-1.3	8.6
Mar-24	235.6	0.5	7.4

Quarterly change in prices for domestic gas extraction, by market
Quarter	East coast (% change)	West coast (% change)
Mar-19	-3.1	-1.4
Jun-19	3.5	1.8
Sep-19	2.1	1.9
Dec-19	-4.4	-1.8
Mar-20	4.7	0.6
Jun-20	-6.6	2.4
Sep-20	-10.0	-9.2
Dec-20	4.9	1.1
Mar-21	5.4	0.3
Jun-21	5.5	0.8
Sep-21	10.4	4.7
Dec-21	6.3	-3.0
Mar-22	11.6	0.4
Jun-22	15.9	2.9
Sep-22	25.8	2.4
Dec-22	-21.7	5.6
Mar-23	3.9	-8.4
Jun-23	4.8	1.3
Sep-23	4.6	0.8
Dec-23	-3.3	9.5
Mar-24	0.1	2.0

Manufacturing

Input to the manufacturing industry

Input prices to manufacturing rose 0.8%.

Input prices to manufacturing rose 0.8% in the March quarter and fell 0.9% over the past twelve months.

Inputs to manufacturing quarterly prices rose for the second consecutive quarter
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	110.4	0.6	4.0
Jun-19	112.8	2.2	3.9
Sep-19	115.0	2.0	5.0
Dec-19	113.8	-1.0	3.7
Mar-20	115.5	1.5	4.6
Jun-20	114.5	-0.9	1.5
Sep-20	114.7	0.2	-0.3
Dec-20	115.1	0.3	1.1
Mar-21	117.6	2.2	1.8
Jun-21	122.0	3.7	6.6
Sep-21	127.6	4.6	11.2
Dec-21	131.2	2.8	14.0
Mar-22	139.3	6.2	18.5
Jun-22	143.6	3.1	17.7
Sep-22	145.8	1.5	14.3
Dec-22	145.4	-0.3	10.8
Mar-23	144.9	-0.3	4.0
Jun-23	144.6	-0.2	0.7
Sep-23	142.1	-1.7	-2.5
Dec-23	142.5	0.3	-2.0
Mar-24	143.6	0.8	-0.9

Inputs to manufacturing quarterly prices rose for the second consecutive quarter

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[110.40000000000001],[112.8],[115],[113.8],[115.5],[114.5],[114.7],[115.09999999999999],[117.59999999999999],[122],[127.59999999999999],[131.19999999999999],[139.30000000000001],[143.59999999999999],[145.80000000000001],[145.40000000000001],[144.90000000000001],[144.59999999999999],[142.09999999999999],[142.5],[143.59999999999999]],[[0.59999999999999998],[2.2000000000000002],[2],[-1],[1.5],[-0.90000000000000002],[0.20000000000000001],[0.29999999999999999],[2.2000000000000002],[3.7000000000000002],[4.5999999999999996],[2.7999999999999998],[6.2000000000000002],[3.1000000000000001],[1.5],[-0.29999999999999999],[-0.29999999999999999],[-0.20000000000000001],[-1.7],[0.29999999999999999],[0.80000000000000004]],[[4],[3.8999999999999999],[5],[3.7000000000000002],[4.5999999999999996],[1.5],[-0.29999999999999999],[1.1000000000000001],[1.8],[6.5999999999999996],[11.199999999999999],[14],[18.5],[17.699999999999999],[14.300000000000001],[10.800000000000001],[4],[0.69999999999999996],[-2.5],[-2],[-0.90000000000000002]]]

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The main contributors to the input price rise were:

Agriculture to manufacturing (+6.9%), due to tightened cattle and sheep supply with favourable grazing conditions prompting farmers to hold onto stock.
Metal ore mining (+0.9%), due to strong gold demand prompted by global economic and geopolitical uncertainty.

Offsetting the rise, were price falls in:

Fabricated metal products (-5.3%), due to falling iron and steel prices caused by lower global demand and lower shipping rates.
Oil and gas extraction (-1.6%), due to lower crude oil amid weakened global demand.
Petroleum and coal products (-4.5%), due to a decline in wholesale prices for diesel amid strengthened global supply and weaker demand.

Agriculture to manufacturing drove the rise in quarterly input prices to manufacturing
Main contributors	quarter (% change)	annual (% change)
Agriculture to Manufacturing	6.9	-6.2
Metal ore mining	0.9	4.5
Fabricated metal products	-5.3	-7.1
Oil & gas extraction	-1.6	4.3
Petroleum and coal products	-4.5	0.2

Agriculture to manufacturing drove the rise in quarterly input prices to manufacturing

["Main contributors","quarter (% change)","annual (% change)"]

[["Agriculture to Manufacturing","Metal ore mining","Fabricated metal products","Oil & gas extraction","Petroleum and coal products"],[[6.9000000000000004],[0.90000000000000002],[-5.2999999999999998],[-1.6000000000000001],[-4.5]],[[-6.2000000000000002],[4.5],[-7.0999999999999996],[4.2999999999999998],[0.20000000000000001]]]

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Output of the manufacturing industry

Output prices of the manufacturing industries rose 0.3%.

Output prices received by manufacturing industries rose 0.3% in the March quarter and 2.1% over the past twelve months.

Output of manufacturing prices rose for quarter
Quarter	index no.	quarter (% change)	annual (% change)
Mar-19	114.5	0.3	4.7
Jun-19	115.6	1.0	3.0
Sep-19	116.9	1.1	3.3
Dec-19	117.3	0.3	2.7
Mar-20	118.2	0.8	3.2
Jun-20	116.9	-1.1	1.1
Sep-20	116.6	-0.3	-0.3
Dec-20	117.0	0.3	-0.3
Mar-21	118.2	1.0	0
Jun-21	121.0	2.4	3.5
Sep-21	125.7	3.9	7.8
Dec-21	130.7	4.0	11.7
Mar-22	136.0	4.1	15.1
Jun-22	142.9	5.1	18.1
Sep-22	143.5	0.4	14.2
Dec-22	144.9	1.0	10.9
Mar-23	144.1	-0.6	6.0
Jun-23	145.0	0.6	1.5
Sep-23	146.2	0.8	1.9
Dec-23	146.7	0.3	1.2
Mar-24	147.1	0.3	2.1

Output of manufacturing prices rose for quarter

["Quarter","index no.","quarter (% change)","annual (% change)"]

[["Mar-19","Jun-19","Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[114.5],[115.59999999999999],[116.90000000000001],[117.3],[118.2],[116.90000000000001],[116.59999999999999],[117],[118.2],[121],[125.7],[130.69999999999999],[136],[142.90000000000001],[143.5],[144.90000000000001],[144.09999999999999],[145],[146.19999999999999],[146.69999999999999],[147.09999999999999]],[[0.29999999999999999],[1],[1.1000000000000001],[0.29999999999999999],[0.80000000000000004],[-1.1000000000000001],[-0.29999999999999999],[0.29999999999999999],[1],[2.3999999999999999],[3.8999999999999999],[4],[4.0999999999999996],[5.0999999999999996],[0.40000000000000002],[1],[-0.59999999999999998],[0.59999999999999998],[0.80000000000000004],[0.29999999999999999],[0.29999999999999999]],[[4.7000000000000002],[3],[3.2999999999999998],[2.7000000000000002],[3.2000000000000002],[1.1000000000000001],[-0.29999999999999999],[-0.29999999999999999],[0],[3.5],[7.7999999999999998],[11.699999999999999],[15.1],[18.100000000000001],[14.199999999999999],[10.9],[6],[1.5],[1.8999999999999999],[1.2],[2.1000000000000001]]]

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The main contributors to output price rises of the manufacturing industries were:

Basic non-ferrous metal manufacturing (+2.6%), due to strong gold demand prompted by global economic and geopolitical uncertainty.
Meat and meat product manufacturing (+1.2%), due to tightening supply as favourable grazing conditions prompting farmers to hold onto their stock.
Structural metal product manufacturing (+1.4%), due to increased input costs over recent quarters, including labour and energy, reflected in output prices this quarter.

Offsetting the rise were price falls in:

Petroleum & coal product manufacturing (-4.3%), due to weaker global demand and improved supply for diesel.
Basic chemical manufacturing (-19.8%), due to lower lithium prices reflecting the ongoing subdued demand for electric vehicle battery metals.
Fertiliser & pesticide manufacturing (-7.3%), due to global fertiliser supply surpassing demand.

Strong demand for gold drove the rise in quarterly output prices of manufacturing
Main contributors	quarter (% change)	annual (% change)
Basic non-ferrous metal manufacturing	2.6	5.9
Meat and meat product manufactuing	1.2	-3.4
Structural metal product manufacturing	1.4	-4.8
Petroleum & coal product manufacturing	-4.3	0.4
Basic chemical manufacturing	-19.8	-36.9
Fertiliser & pesticide manufacturing	-7.3	-13.4

Strong demand for gold drove the rise in quarterly output prices of manufacturing

["Main contributors","quarter (% change)","annual (% change)"]

[["Basic non-ferrous metal manufacturing","Meat and meat product manufactuing","Structural metal product manufacturing","Petroleum & coal product manufacturing","Basic chemical manufacturing","Fertiliser & pesticide manufacturing"],[[2.6000000000000001],[1.2],[1.3999999999999999],[-4.2999999999999998],[-19.800000000000001],[-7.2999999999999998]],[[5.9000000000000004],[-3.3999999999999999],[-4.7999999999999998],[0.40000000000000002],[-36.899999999999999],[-13.4]]]

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Services

Output of the services industries

Accommodation and food services prices rose, driven by:

Accommodation services (+2.7%), due to demand from cultural, arts and sporting events, and a continuation of the summer school holidays.
Cafes, restaurants and takeaway food services (+0.5%), due to higher input and operating costs.

Over the past twelve months:

Accommodation services prices fell 1.3%.
Cafes, restaurants and takeaway food services prices rose 5.3%.

Accommodation prices rose due to demand surrounding events and summer school holidays
Quarter	Accommodation (% change)	Cafes, restaurants and takeaway food services (% change)
Mar-21	0.2	0.5
Jun-21	4.0	0.3
Sep-21	-5.7	1.3
Dec-21	9.8	1.2
Mar-22	2.8	1.1
Jun-22	9.0	2.1
Sep-22	2.0	1.0
Dec-22	7.6	2.0
Mar-23	4.2	0.7
Jun-23	-11.4	1.8
Sep-23	3.7	2.0
Dec-23	4.6	0.9
Mar-24	2.7	0.5

Accommodation prices rose due to demand surrounding events and summer school holidays

["Quarter","Accommodation","Cafes, restaurants and takeaway food services"]

[["Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[0.20000000000000001],[4],[-5.7000000000000002],[9.8000000000000007],[2.7999999999999998],[9],[2],[7.5999999999999996],[4.2000000000000002],[-11.4],[3.7000000000000002],[4.5999999999999996],[2.7000000000000002]],[[0.5],[0.29999999999999999],[1.3],[1.2],[1.1000000000000001],[2.1000000000000001],[1],[2],[0.69999999999999996],[1.8],[2],[0.90000000000000002],[0.5]]]

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Transport, postal and warehousing services prices fell, driven by:

Water freight transport (-16.4%), due to continued easing in prices from the peak in 2022 as vessel and container availability improved.
Rail freight transport (-3.6%), due to falling diesel prices and easing demand.
Other warehousing and storage services (-2.3%), due to increased competition and reduced demand following the December quarter.

Over the past twelve months:

Water freight transport prices fell 37.6%.
Rail freight transport prices rose 2.1%.
Other warehousing and storage services rose 2.7%.

Water freight prices fell due to increased vessel and container availability
Quarter	Water freight transport (% change)	Rail freight transport (% change)	Other warehousing and storage services (% change)
Mar-21	-5.5	0.6	-0.5
Jun-21	38.6	-1.8	2.9
Sep-21	42.7	1.8	2.6
Dec-21	34.4	4.6	3.1
Mar-22	-0.6	-2.7	1.5
Jun-22	0.1	1.0	3.9
Sep-22	2.9	8.3	0.3
Dec-22	-2.1	-1.0	1.0
Mar-23	-7.7	0.7	-2.7
Jun-23	-2.7	-3.5	0.2
Sep-23	-15.5	3.7	1.6
Dec-23	-9.2	5.9	3.2
Mar-24	-16.4	-3.6	-2.3

Water freight prices fell due to increased vessel and container availability

["Quarter","Water freight transport","Rail freight transport","Other warehousing and storage services"]

[["Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[-5.5],[38.600000000000001],[42.700000000000003],[34.399999999999999],[-0.59999999999999998],[0.10000000000000001],[2.8999999999999999],[-2.1000000000000001],[-7.7000000000000002],[-2.7000000000000002],[-15.5],[-9.1999999999999993],[-16.399999999999999]],[[0.59999999999999998],[-1.8],[1.8],[4.5999999999999996],[-2.7000000000000002],[1],[8.3000000000000007],[-1],[0.69999999999999996],[-3.5],[3.7000000000000002],[5.9000000000000004],[-3.6000000000000001]],[[-0.5],[2.8999999999999999],[2.6000000000000001],[3.1000000000000001],[1.5],[3.8999999999999999],[0.29999999999999999],[1],[-2.7000000000000002],[0.20000000000000001],[1.6000000000000001],[3.2000000000000002],[-2.2999999999999998]]]

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Rental, hiring and real estate services prices rose, driven by:

Non-residential property operators (+1.9%), due to further rises in industrial rents as demand for warehouses and distribution centres continues to outpace supply.
Real estate services (+1.5%), due to increased supply of advertised property listings and growth in property prices that flowed to higher services fees.

This was partially offset by:

Other goods and equipment rental and hiring (-1.6%), due to lower equipment hire demand in mining and key heavy industrial building markets.

Over the past twelve months:

Non-residential property operators rose 6.7%.
Real estate services fell 0.8%.
Other goods and equipment rental and hiring rose 3.0%.

Rental, hiring and real estate prices rose due to continued increases in industrial rents and growth in real estate fees
Quarter	Non-residential property operators (% change)	Real estate services (% change)	Other goods and equipment rental and hiring (% change)
Mar-21	1.4	1.3	-0.2
Jun-21	0.1	2.3	0.2
Sep-21	0.6	2.4	0.4
Dec-21	0.4	3.5	0.6
Mar-22	1.5	4.2	2.0
Jun-22	2.0	2.8	1.9
Sep-22	2.8	0.1	1.4
Dec-22	1.5	0.9	1.3
Mar-23	2.4	-2.8	0.3
Jun-23	1.6	-0.6	0.5
Sep-23	2.1	-0.4	1.9
Dec-23	1.0	-1.2	2.2
Mar-24	1.9	1.5	-1.6

Rental, hiring and real estate prices rose due to continued increases in industrial rents and growth in real estate fees

["Quarter","Non-residential property operators","Real estate services","Other goods and equipment rental and hiring"]

[["Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[1.3999999999999999],[0.10000000000000001],[0.59999999999999998],[0.40000000000000002],[1.5],[2],[2.7999999999999998],[1.5],[2.3999999999999999],[1.6000000000000001],[2.1000000000000001],[1],[1.8999999999999999]],[[1.3],[2.2999999999999998],[2.3999999999999999],[3.5],[4.2000000000000002],[2.7999999999999998],[0.10000000000000001],[0.90000000000000002],[-2.7999999999999998],[-0.59999999999999998],[-0.40000000000000002],[-1.2],[1.5]],[[-0.20000000000000001],[0.20000000000000001],[0.40000000000000002],[0.59999999999999998],[2],[1.8999999999999999],[1.3999999999999999],[1.3],[0.29999999999999999],[0.5],[1.8999999999999999],[2.2000000000000002],[-1.6000000000000001]]]

[]

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Education and training services

Education and training services prices rose in the March quarter 2024 as tuition fees across a range of universities and course levels increased due to indexation clauses and higher operating costs. Price rises were recorded in:

Higher education, domestic (+6.9%), and
Higher education, exports (+5.2%).

Education and training services rose due to increases in tuition course fees and operating costs
Quarter	Higher education, Domestic (% change)	Higher education, Exports (% change)
Mar-21	-1.8	0.9
Jun-21	0	0
Sep-21	0	0
Dec-21	0	0
Mar-22	0.5	4.3
Jun-22	0	0
Sep-22	0	0
Dec-22	0	0
Mar-23	2.9	2.7
Jun-23	0	0
Sep-23	0	0
Dec-23	0	0
Mar-24	6.9	5.2

Education and training services rose due to increases in tuition course fees and operating costs

["Quarter","Higher education, Domestic","Higher education, Exports"]

[["Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[-1.8],[0],[0],[0],[0.5],[0],[0],[0],[2.8999999999999999],[0],[0],[0],[6.9000000000000004]],[[0.90000000000000002],[0],[0],[0],[4.2999999999999998],[0],[0],[0],[2.7000000000000002],[0],[0],[0],[5.2000000000000002]]]

[]

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Health care and social assistance industries rose, driven by:

Child care services (+1.6%), due to increases in gross operating costs and staff shortages.
Medical services (+0.6%), due to increases in the running costs of small practices and surgeries.
Allied health services (+1.2%), driven by dental services due to increased running costs.

Over the past twelve months:

Child care services rose 8.1%.
Medical services rose 4.8%.
Allied health services rose 4.5%.

Health care and social assistance industries prices rose due to increases in operating costs
Quarter	Child care services (% change)	Medical services (% change)	Allied health services (% change)
Mar-21	1.6	0.4
Jun-21	1.7	0.1	0.1
Sep-21	2.1	1.1	0.7
Dec-21	0.2	0.3	0.2
Mar-22	2.1	0.4	0.9
Jun-22	0.1	0.3	0.6
Sep-22	2.9	1.5	1.4
Dec-22	0.7	0.3	0.6
Mar-23	1.5	1.4	1.1
Jun-23	0.3	0.3	0.4
Sep-23	5.7	3.0	2.5
Dec-23	0.4	0.7	0.3
Mar-24	1.6	0.6	1.2

Health care and social assistance industries prices rose due to increases in operating costs

["Quarter","Child care services","Medical services","Allied health services"]

[["Mar-21","Jun-21","Sep-21","Dec-21","Mar-22","Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24"],[[1.6000000000000001],[1.7],[2.1000000000000001],[0.20000000000000001],[2.1000000000000001],[0.10000000000000001],[2.8999999999999999],[0.69999999999999996],[1.5],[0.29999999999999999],[5.7000000000000002],[0.40000000000000002],[1.6000000000000001]],[[0.40000000000000002],[0.10000000000000001],[1.1000000000000001],[0.29999999999999999],[0.40000000000000002],[0.29999999999999999],[1.5],[0.29999999999999999],[1.3999999999999999],[0.29999999999999999],[3],[0.69999999999999996],[0.59999999999999998]],[[null],[0.10000000000000001],[0.69999999999999996],[0.20000000000000001],[0.90000000000000002],[0.59999999999999998],[1.3999999999999999],[0.59999999999999998],[1.1000000000000001],[0.40000000000000002],[2.5],[0.29999999999999999],[1.2]]]

[]

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Data downloads

Download all (1.2 MB)

Time series

Data files

Table 1. Final demand, Index Numbers and Percentage Changes.
Download xlsx [48.03 KB]
Table 11. Input to the Coal mining industry, index numbers and percentage changes
Download xlsx [49.31 KB]
Table 12. Output of the Manufacturing industries, division, subdivision, group and class index numbers
Download xlsx [244.22 KB]
Table 13. Input to the Manufacturing industries, division and selected industries, index numbers and percentage changes
Download xlsx [106.3 KB]
Table 14. Input to the Manufacturing industries, subdivision index numbers
Download xlsx [61.16 KB]
Table 17. Output of the Construction industries, subdivision and class index numbers
Download xlsx [77.65 KB]
Table 18. Input to the House construction industry, six state capital cities, weighted average and city, index numbers and percentage changes
Download xlsx [183.54 KB]
Table 20. Output of the Accommodation and food services industries, group index numbers
Download xlsx [46.84 KB]
Table 21. Output of the Transport, postal and warehousing industries, group and class index numbers
Download xlsx [58.46 KB]
Table 22. Output of the Information media and telecommunications industries, group and class index numbers
Download xlsx [52.4 KB]
Table 23. Output of the Rental, hiring and real estate services industries, subdivision, group and class index numbers
Download xlsx [51.29 KB]
Table 24. Output of the Professional, scientific and technical services industries, group and class index numbers
Download xlsx [55.13 KB]
Table 25. Output of the Administrative and support services industries, group and class index numbers
Download xlsx [53.44 KB]
Table 26. Output of the Public administration and safety industries, group and class index numbers
Download xlsx [46.19 KB]
Table 27. Output of the Other services industries, group and class index numbers
Download xlsx [48.25 KB]
Table 34. Output of the Education and training industries, group and class index numbers
Download xlsx [45.89 KB]
Table 35. Output of the Health care and social assistance industries, group and class index numbers
Download xlsx [49.75 KB]
Table 36. Output of the Mining industries, index numbers
Download xlsx [46.04 KB]

Download all (84.19 KB)

Datacubes

Data files

Table 5 Final demand: contribution to final demand index by industry - index points
Download xlsx [27.97 KB]
Table 28 Contribution to input to the manufacturing industries index, subdivision and index points
Download xlsx [26.78 KB]
Table 29 Contribution to output of the manufacturing industries index, group and index points
Download xlsx [23.74 KB]
Table 30 Contribution to input to the house construction industry index, weighted average of six state capital cities, index points
Download xlsx [23.47 KB]

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

Services

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 issue

From the March Quarter 2024, the following selected ANZSIC groups and classes have been added to Table 5. Final demand: contribution to final demand index by industry - index points:

Group 301 Residential building construction
Group 302 Non-residential building construction
Class 3101 Road and bridge construction
Class 3109 Other heavy and civil engineering construction
Group 671 Property operators
Group 771 Public order and safety
Group 810 Tertiary education
Group 851 Medical services
Group 853 Allied health services

The inclusion of Group 802 School education within Table 5 has been delayed and will be included at a later stage.

The following selected ANZSIC codes have been discontinued from publication in Table 5. Final demand: contribution to final demand index by industry - index points:

Group 041 Fishing
Group 182 Basic polymer manufacturing
Group 212 Basic ferrous metal product manufacturing
Subdivision 30 Building construction (replaced with detailed Groups 301 and 302)
Subdivision 31 Heavy and civil engineering construction (replaced with detailed Classes 3101 and 3109)

APA

Producer Price Indexes, Australia

APA

Key statistics

What are the Producer Price Indexes (PPIs)?

What is Final demand?

Quarterly overview

The main contributors to quarterly growth in Final demand were:

Rounding

Construction

Input to the house construction industry

Input prices to the house construction industry rose 0.4%.

Output of the construction industry

Output prices of the construction industries rose.

House construction prices rose 1.0%.

Other residential building construction prices rose 1.8%.

Non-residential construction prices rose 1.7%.

Heavy and civil engineering construction prices rose 1.4%.

Mining industries

Input to the coal mining industry

Input to the coal mining industry fell 1.0%.

Output of the mining industry

Gas extraction, domestic rose 0.5%.

Manufacturing

Input to the manufacturing industry

Input prices to manufacturing rose 0.8%.

Output of the manufacturing industry

Output prices of the manufacturing industries rose 0.3%.

Services

Output of the services industries

Accommodation and food services prices rose, driven by:

Transport, postal and warehousing services prices fell, driven by:

Rental, hiring and real estate services prices rose, driven by:

Education and training services

Health care and social assistance industries rose, driven by:

Data downloads

Time series

Table 1. Final demand, Index Numbers and Percentage Changes.

Table 11. Input to the Coal mining industry, index numbers and percentage changes

Table 12. Output of the Manufacturing industries, division, subdivision, group and class index numbers

Table 13. Input to the Manufacturing industries, division and selected industries, index numbers and percentage changes

Table 14. Input to the Manufacturing industries, subdivision index numbers

Table 17. Output of the Construction industries, subdivision and class index numbers

Table 18. Input to the House construction industry, six state capital cities, weighted average and city, index numbers and percentage changes

Table 20. Output of the Accommodation and food services industries, group index numbers

Table 21. Output of the Transport, postal and warehousing industries, group and class index numbers

Table 22. Output of the Information media and telecommunications industries, group and class index numbers

Table 23. Output of the Rental, hiring and real estate services industries, subdivision, group and class index numbers

Table 24. Output of the Professional, scientific and technical services industries, group and class index numbers

Table 25. Output of the Administrative and support services industries, group and class index numbers

Table 26. Output of the Public administration and safety industries, group and class index numbers

Table 27. Output of the Other services industries, group and class index numbers

Table 34. Output of the Education and training industries, group and class index numbers

Table 35. Output of the Health care and social assistance industries, group and class index numbers

Table 36. Output of the Mining industries, index numbers

Datacubes

Table 5 Final demand: contribution to final demand index by industry - index points

Table 28 Contribution to input to the manufacturing industries index, subdivision and index points

Table 29 Contribution to output of the manufacturing industries index, group and index points

Table 30 Contribution to input to the house construction industry index, weighted average of six state capital cities, index points

Data Explorer datasets

Final demand

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

Previous catalogue number

Using price indexes

Price indexes in contracts

Changes in this issue

Methodology

Do you need more detailed statistics?

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