Producer Price Indexes, Australia, March 2022

What are the Producer Price Indexes (PPIs)?

What is Final Demand?

Producer Price Index (PPIs) weight update, 2022

As advertised in the December quarter publication, a number of the PPIs have been reweighted for the March quarter 2022. Indexes are reweighted using ABS Australian National Accounts - Input Output (I-O) Tables. For more information please refer to Changes in this release.

Quarterly overview

	Dec Qtr 21 to Mar Qtr 22	Mar Qtr 21 to Mar Qtr 22
Final demand	% change	% change
Final demand (excl. exports)	1.6	4.9

Construction materials, crude oil and skilled trade shortages drove increases in Final demand prices

Construction materials, crude oil and skilled trade shortages drove increases in Final demand prices
Quarter	index no.	quarter (% change)	annual (% change)
Mar-18	109.1	0.5	1.7
Jun-18	109.4	0.3	1.5
Sep-18	110.3	0.8	2.1
Dec-18	110.8	0.5	2.0
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

Construction materials, crude oil and skilled trade shortages drove increases in Final demand prices

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

[["Mar-18","Jun-18","Sep-18","Dec-18","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"],[[109.09999999999999],[109.40000000000001],[110.3],[110.8],[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]],[[0.5],[0.29999999999999999],[0.80000000000000004],[0.5],[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]],[[1.7],[1.5],[2.1000000000000001],[2],[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]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Index reference period: 2011-12 - 100.0.

The main contributors to quarterly growth in Final demand were:

Output of building construction (+3.0%), driven by increases for materials with supply constraints for timber and metals, high freight costs and skilled trade shortages.
Petroleum refining and petroleum fuel manufacturing (+17.6%), due to a rise in global crude oil prices and OPEC+ countries falling short of agreed production increases.
Heavy and civil engineering construction (+2.4%), due to increases in steel, crude oil and skilled trade shortages, along with ongoing increases in infrastructure investment.

The annual rise of 4.9% in Final demand to March 2022 is the strongest increase since December 2008.

Price rises in the Construction and Petroleum manufacturing industries continue to drive the increase in quarterly Final demand

Price rises in the Construction and Petroleum manufacturing industries continue to drive the increase in quarterly Final demand
Main contributors	quarter (% change)	annual (% change)
Output of building construction	3.0	10.2
Petroleum refining and petroleum fuel manufacturing	17.6	66.1
Heavy and civil engineering construction	2.4	7.9

Price rises in the Construction and Petroleum manufacturing industries continue to drive the increase in quarterly Final demand

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

[["Output of building construction","Petroleum refining and petroleum fuel manufacturing","Heavy and civil engineering construction"],[[3],[17.600000000000001],[2.3999999999999999]],[[10.199999999999999],[66.099999999999994],[7.9000000000000004]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

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 4.2%

Input prices to house construction rose due to ongoing demand in residential construction and increases in material prices. Domestic and global supply remains tight with shipping delays and high international freight costs. Ongoing shortages of timber and increasing metals prices have placed added upward pressure on material costs.

Over the past twelve months, Input prices to house construction rose 15.4%, due to; Timber, board and joinery (+20.6%) and Other metal products (+16.2%).

Input prices to house construction continue to rise due to increased material prices and supply chain disruptions

Input prices to house construction continue to rise due to increased material prices and supply chain disruptions
Quarter	index no.	quarter (% change)	annual (% change)
Mar 2013	101.3	0.1	1.4
Jun 2013	101.5	0.2	1.2
Sep 2013	101.6	0.1	0.7
Dec 2013	101.9	0.3	0.7
Mar 2014	102.3	0.4	1.0
Jun 2014	103.9	1.6	2.4
Sep 2014	104.7	0.8	3.1
Dec 2014	104.8	0.1	2.8
Mar 2015	105.7	0.9	3.3
Jun 2015	107.5	1.7	3.5
Sep 2015	108.0	0.5	3.2
Dec 2015	108.6	0.6	3.6
Mar 2016	109.1	0.5	3.2
Jun 2016	110.6	1.4	2.9
Sep 2016	110.6	0.0	2.4
Dec 2016	111.0	0.4	2.2
Mar 2017	112.0	0.9	2.7
Jun 2017	112.8	0.7	2.0
Sep 2017	113.3	0.4	2.4
Dec 2017	114.0	0.6	2.7
Mar 2018	115.3	1.1	2.9
Jun 2018	116.0	0.6	2.8
Sep 2018	117.2	1.0	3.4
Dec 2018	117.7	0.4	3.2
Mar 2019	117.9	0.2	2.3
Jun 2019	118.1	0.2	1.8
Sep 2019	118.4	0.3	1.0
Dec 2019	118.4	0.0	0.6
Mar 2020	118.8	0.3	0.8
Jun 2020	120.2	1.2	1.8
Sep 2020	120.4	0.2	1.7
Dec 2020	120.5	0.1	1.8
Mar 2021	121.8	1.1	2.5
Jun 2021	125.0	2.6	4.0
Sep 2021	130.0	4.0	8.0
Dec 2021	134.9	3.8	12.0
Mar 2022	140.5	4.2	15.4

Input prices to house construction continue to rise due to increased material prices and supply chain disruptions

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

[["Mar 2013","Jun 2013","Sep 2013","Dec 2013","Mar 2014","Jun 2014","Sep 2014","Dec 2014","Mar 2015","Jun 2015","Sep 2015","Dec 2015","Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[101.3],[101.5],[101.59999999999999],[101.90000000000001],[102.3],[103.90000000000001],[104.7],[104.8],[105.7],[107.5],[108],[108.59999999999999],[109.09999999999999],[110.59999999999999],[110.59999999999999],[111],[112],[112.8],[113.3],[114],[115.3],[116],[117.2],[117.7],[117.90000000000001],[118.09999999999999],[118.40000000000001],[118.40000000000001],[118.8],[120.2],[120.40000000000001],[120.5],[121.8],[125],[130],[134.90000000000001],[140.5]],[[0.10000000000000001],[0.20000000000000001],[0.10000000000000001],[0.29999999999999999],[0.40000000000000002],[1.6000000000000001],[0.80000000000000004],[0.10000000000000001],[0.90000000000000002],[1.7],[0.5],[0.59999999999999998],[0.5],[1.3999999999999999],[0],[0.40000000000000002],[0.90000000000000002],[0.69999999999999996],[0.40000000000000002],[0.59999999999999998],[1.1000000000000001],[0.59999999999999998],[1],[0.40000000000000002],[0.20000000000000001],[0.20000000000000001],[0.29999999999999999],[0],[0.29999999999999999],[1.2],[0.20000000000000001],[0.10000000000000001],[1.1000000000000001],[2.6000000000000001],[4],[3.7999999999999998],[4.2000000000000002]],[[1.3999999999999999],[1.2],[0.69999999999999996],[0.69999999999999996],[1],[2.3999999999999999],[3.1000000000000001],[2.7999999999999998],[3.2999999999999998],[3.5],[3.2000000000000002],[3.6000000000000001],[3.2000000000000002],[2.8999999999999999],[2.3999999999999999],[2.2000000000000002],[2.7000000000000002],[2],[2.3999999999999999],[2.7000000000000002],[2.8999999999999999],[2.7999999999999998],[3.3999999999999999],[3.2000000000000002],[2.2999999999999998],[1.8],[1],[0.59999999999999998],[0.80000000000000004],[1.8],[1.7],[1.8],[2.5],[4],[8],[12],[15.4]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Input prices to house construction rose in line with rising costs and increased demand for building materials. The main contributors were:

Timber, board and joinery (+4.0%), driven by plywood and board (+11.0%), due to continuing strong demand and ongoing supply chain disruptions adding upward pressure on freight costs.
Other metal products (+4.0%), driven by aluminium windows and doors (+4.5%), due to increased input costs in aluminium and glass, reduced production and continued strong global demand.
Other materials (+4.6%), driven by carpet and floor covering (+8.7%), due to price rises in wool and PVC as a result of raw material price rises and supply shortages.

Input prices to house construction recorded rises due to ongoing tight supply of materials and high freight costs

Input prices to house construction recorded rises due to ongoing tight supply of materials and high freight costs
Main contributors	quarter (% change)	annual (% change)
Timber, board and joinery	4.0	20.6
Other metal products	4.0	16.2
Other materials	4.6	10.4

Input prices to house construction recorded rises due to ongoing tight supply of materials and high freight costs

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

[["Timber, board and joinery","Other metal products","Other materials"],[[4],[4],[4.5999999999999996]],[[20.600000000000001],[16.199999999999999],[10.4]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

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

Sydney (+3.6%), driven by Other materials (+6.0%).
Melbourne (+4.6%), driven by Other metal products (+4.5%).
Brisbane (+3.7%), driven by Other metal products (+4.9%).
Adelaide (+3.5%), driven by Timber, board and joinery (+4.7%).
Perth (+4.8%), driven by Ceramic products (+14.4%).
Hobart (+4.2%), driven by Timber, board and joinery (+5.6%).

Input prices to house construction recorded strong increases across all cities

Input prices to house construction recorded strong increases across all cities
City	quarter (% change)	annual (% change)
AUST	4.2	15.4
SYD	3.6	13.4
MEL	4.6	16.8
BRI	3.7	15.8
ADE	3.5	13.7
PER	4.8	15.8
HOB	4.2	14.0

Input prices to house construction recorded strong increases across all cities

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

[["AUST","SYD","MEL","BRI","ADE","PER","HOB"],[[4.2000000000000002],[3.6000000000000001],[4.5999999999999996],[3.7000000000000002],[3.5],[4.7999999999999998],[4.2000000000000002]],[[15.4],[13.4],[16.800000000000001],[15.800000000000001],[13.699999999999999],[15.800000000000001],[14]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Output of the construction industry

Output prices of the construction industries

Building construction prices rose 2.9% this quarter and 10.1% over the past twelve months. This is the largest annual increase since the series began.

Strong activity in the residential sector coupled with ongoing public and private investment in infrastructure projects driving demand for trades and materials. The increased demand for the tightening supply of resources is placing upward pressure on prices across all construction sectors this quarter.

The quarterly price movements by class were:

House construction (+4.9%).
Other residential building construction (+1.8%).
Non-residential construction (+2.0%).

Output prices of building construction showed the strongest annual increase since the series began in 1996

Output prices of building construction showed the strongest annual increase since the series began in 1996
Quarter	index no.	quarter (% change)	annual (% change)
Mar 2013	101.0	0.8	1.1
Jun 2013	101.6	0.6	1.5
Sep 2013	101.9	0.3	1.6
Dec 2013	102.2	0.3	2.0
Mar 2014	102.5	0.3	1.5
Jun 2014	103.7	1.2	2.1
Sep 2014	104.7	1.0	2.7
Dec 2014	105.3	0.6	3.0
Mar 2015	106.1	0.8	3.5
Jun 2015	106.9	0.8	3.1
Sep 2015	107.4	0.5	2.6
Dec 2015	107.8	0.4	2.4
Mar 2016	108.0	0.2	1.8
Jun 2016	108.5	0.5	1.5
Sep 2016	108.9	0.4	1.4
Dec 2016	109.8	0.8	1.9
Mar 2017	110.5	0.6	2.3
Jun 2017	111.5	0.9	2.8
Sep 2017	112.0	0.4	2.8
Dec 2017	112.5	0.4	2.5
Mar 2018	112.9	0.4	2.2
Jun 2018	114.2	1.2	2.4
Sep 2018	114.6	0.4	2.3
Dec 2018	115.1	0.4	2.3
Mar 2019	115.3	0.2	2.1
Jun 2019	115.8	0.4	1.4
Sep 2019	115.8	0.0	1.0
Dec 2019	116.0	0.2	0.8
Mar 2020	116.0	0.0	0.6
Jun 2020	116.2	0.2	0.3
Sep 2020	116.2	0.0	0.3
Dec 2020	116.9	0.6	0.8
Mar 2021	117.8	0.8	1.6
Jun 2021	120.0	1.9	3.3
Sep 2021	122.5	2.1	5.4
Dec 2021	126.0	2.9	7.8
Mar 2022	129.7	2.9	10.1

Output prices of building construction showed the strongest annual increase since the series began in 1996

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

[["Mar 2013","Jun 2013","Sep 2013","Dec 2013","Mar 2014","Jun 2014","Sep 2014","Dec 2014","Mar 2015","Jun 2015","Sep 2015","Dec 2015","Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[101],[101.59999999999999],[101.90000000000001],[102.2],[102.5],[103.7],[104.7],[105.3],[106.09999999999999],[106.90000000000001],[107.40000000000001],[107.8],[108],[108.5],[108.90000000000001],[109.8],[110.5],[111.5],[112],[112.5],[112.90000000000001],[114.2],[114.59999999999999],[115.09999999999999],[115.3],[115.8],[115.8],[116],[116],[116.2],[116.2],[116.90000000000001],[117.8],[120],[122.5],[126],[129.69999999999999]],[[0.80000000000000004],[0.59999999999999998],[0.29999999999999999],[0.29999999999999999],[0.29999999999999999],[1.2],[1],[0.59999999999999998],[0.80000000000000004],[0.80000000000000004],[0.5],[0.40000000000000002],[0.20000000000000001],[0.5],[0.40000000000000002],[0.80000000000000004],[0.59999999999999998],[0.90000000000000002],[0.40000000000000002],[0.40000000000000002],[0.40000000000000002],[1.2],[0.40000000000000002],[0.40000000000000002],[0.20000000000000001],[0.40000000000000002],[0],[0.20000000000000001],[0],[0.20000000000000001],[0],[0.59999999999999998],[0.80000000000000004],[1.8999999999999999],[2.1000000000000001],[2.8999999999999999],[2.8999999999999999]],[[1.1000000000000001],[1.5],[1.6000000000000001],[2],[1.5],[2.1000000000000001],[2.7000000000000002],[3],[3.5],[3.1000000000000001],[2.6000000000000001],[2.3999999999999999],[1.8],[1.5],[1.3999999999999999],[1.8999999999999999],[2.2999999999999998],[2.7999999999999998],[2.7999999999999998],[2.5],[2.2000000000000002],[2.3999999999999999],[2.2999999999999998],[2.2999999999999998],[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]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

House construction prices rose 4.9%

House construction prices rose, driven by supply constraints for timber and metals, and higher freight costs. Skilled trade shortages continue to place upward pressure on labour prices. Western Australia recorded it’s strongest rise since the start of the series as builders reduce bonus offers and raise base prices.

Over the past twelve months House construction prices rose 15.0%.

House construction prices rose due to strong demand for trades and materials and builders reducing bonus offers

House construction prices rose due to strong demand for trades and materials and builders reducing bonus offers
State	quarter (% change)	annual (% change)
AUST	4.9	15.0
NSW	4.2	13.5
VIC	4.6	9.8
QLD	5.3	23.1
SA	4.1	16.6
WA	9.1	20.3
TAS	0.8	19.9
NT	2.0	8.9
ACT	3.8	15.0

House construction prices rose due to strong demand for trades and materials and builders reducing bonus offers

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

[["AUST","NSW","VIC","QLD","SA","WA","TAS","NT","ACT"],[[4.9000000000000004],[4.2000000000000002],[4.5999999999999996],[5.2999999999999998],[4.0999999999999996],[9.0999999999999996],[0.80000000000000004],[2],[3.7999999999999998]],[[15],[13.5],[9.8000000000000007],[23.100000000000001],[16.600000000000001],[20.300000000000001],[19.899999999999999],[8.9000000000000004],[15]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Other residential building construction prices rose 1.8%

Other residential construction prices recorded increases for all states driven by price rises for materials and labour. Ongoing public and private investment across construction has tightened the supply of tradespeople and placed further pressure on costs. The ongoing disruptions to international freight has driven the increase in prices for materials.

Over the past twelve months Other residential building construction prices rose 7.1%.

Other residential construction prices rose due to supply chain disruptions and shortages of skilled labour

Other residential construction prices rose due to supply chain disruptions and shortages of skilled labour
State	quarter (% change)	annual (% change)
AUST	1.8	7.1
NSW	2.0	9.5
VIC	1.6	3.3
QLD	1.5	9.2
SA	1.4	3.6
WA	2.6	13.3
TAS	3.2	10.4
NT	2.4	4.5
ACT	0.8	2.0

Other residential construction prices rose due to supply chain disruptions and shortages of skilled labour

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

[["AUST","NSW","VIC","QLD","SA","WA","TAS","NT","ACT"],[[1.8],[2],[1.6000000000000001],[1.5],[1.3999999999999999],[2.6000000000000001],[3.2000000000000002],[2.3999999999999999],[0.80000000000000004]],[[7.0999999999999996],[9.5],[3.2999999999999998],[9.1999999999999993],[3.6000000000000001],[13.300000000000001],[10.4],[4.5],[2]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Non-residential construction prices rose 2.0%

Non-residential construction prices recorded a rise across all states with strong increases recorded for New South Wales, Victoria, Queensland and South Australia. Price rises have been driven by increased material costs for steel, concrete and reinforcement. The rise in project tendering in Victoria and South Australia during the December quarter 2021 has strengthened the market and placed upward pressure on existing labour shortages.

Over the past twelve months Non-residential building construction prices rose 8.1%.

Non-residential construction prices rose, due to increased costs for labour and materials driven by rising tender prices and tightened supply

Non-residential construction prices rose, due to increased costs for labour and materials driven by rising tender prices and tightened supply
State	quarter (% change)	annual (% change)
AUST	2.0	8.1
NSW	2.2	10.4
VIC	1.8	3.6
QLD	1.9	10.1
SA	1.6	4.0
WA	2.8	15.1
TAS	2.7	9.6
NT	2.5	6.6
ACT	0.7	2.1

Non-residential construction prices rose, due to increased costs for labour and materials driven by rising tender prices and tightened supply

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

[["AUST","NSW","VIC","QLD","SA","WA","TAS","NT","ACT"],[[2],[2.2000000000000002],[1.8],[1.8999999999999999],[1.6000000000000001],[2.7999999999999998],[2.7000000000000002],[2.5],[0.69999999999999996]],[[8.0999999999999996],[10.4],[3.6000000000000001],[10.1],[4],[15.1],[9.5999999999999996],[6.5999999999999996],[2.1000000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Heavy and civil engineering construction prices rose 2.3%

Other and civil engineering construction prices rose, due to rising costs for steel driven by increased freight prices, production disruptions and raw material cost increases.
Road and bridge construction prices rose due to increased costs for steel and crude oil, driven by disruptions in both production and supply chain restrictions, and strong global demand pushing prices in an upward trend.

Heavy and Civil engineering construction prices rose 7.8% over the past twelve months.

Heavy and civil engineering construction prices rose due to strong global demand for metals and crude oil

Heavy and civil engineering construction prices rose due to strong global demand for metals and crude oil
Quarter	index no. Heavy & civil	Other heavy & civil (% change)	Road and bridge (% change)
Sep-19	116.6	0.6	0.4
Dec-19	116.8	0.3	0.2
Mar-20	117	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

Heavy and civil engineering construction prices rose due to strong global demand for metals and crude oil

["Quarter","index no. Heavy & civil","Other heavy & civil","Road and bridge"]

[["Sep-19","Dec-19","Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[116.59999999999999],[116.8],[117],[117.09999999999999],[117.2],[117.59999999999999],[117.90000000000001],[119.90000000000001],[122.5],[124.2],[127.09999999999999]],[[0.59999999999999998],[0.29999999999999999],[0.29999999999999999],[0.29999999999999999],[0.10000000000000001],[0.20000000000000001],[0.40000000000000002],[1.7],[2.2999999999999998],[1.3999999999999999],[2.2999999999999998]],[[0.40000000000000002],[0.20000000000000001],[-0.29999999999999999],[-0.80000000000000004],[0.29999999999999999],[0.59999999999999998],[-0.20000000000000001],[1.7],[1.3999999999999999],[1.3],[2.7000000000000002]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Mining industries

Input to the coal mining industry

Input prices to the coal mining industry rose 1.7%, due to:

Primary metal and metal product manufacturing, due to increased raw material prices, tightened supply and rising import costs.
Petroleum and coal product manufacturing, driven by a rise in oil prices due to limited supply and increased global demand for diesel.

Over the past twelve months Input to the coal mining industry prices rose 9.1%.

Input prices to coal mining rose, driven by increased costs for steel and oil

Input prices to coal mining rose, driven by increased costs for steel and oil
Quarter	index no.	quarter (% change)	annual (% change)
Mar 2013	104.8	0.7	5.4
Jun 2013	103.6	-1.1	0.7
Sep 2013	106.5	2.8	2.8
Dec 2013	106.1	-0.4	1.9
Mar 2014	107.7	1.5	2.8
Jun 2014	106.6	-1.0	2.9
Sep 2014	105.4	-1.1	-1.0
Dec 2014	102.4	-2.8	-3.5
Mar 2015	98.5	-3.8	-8.5
Jun 2015	100.8	2.3	-5.4
Sep 2015	100.7	-0.1	-4.5
Dec 2015	99.8	-0.9	-2.5
Mar 2016	98.4	-1.4	-0.1
Jun 2016	98.6	0.2	-2.2
Sep 2016	99.4	0.8	-1.3
Dec 2016	100.5	1.1	0.7
Mar 2017	101.6	1.1	3.3
Jun 2017	101.5	-0.1	2.9
Sep 2017	101.7	0.2	2.3
Dec 2017	103.3	1.6	2.8
Mar 2018	104.8	1.5	3.1
Jun 2018	105.6	0.8	4.0
Sep 2018	107.0	1.3	5.2
Dec 2018	108.6	1.5	5.1
Mar 2019	108.1	-0.5	3.1
Jun 2019	108.8	0.6	3.0
Sep 2019	109.1	0.3	2.0
Dec 2019	109.6	0.5	0.9
Mar 2020	109.7	0.1	1.5
Jun 2020	106.3	-3.1	-2.3
Sep 2020	107.3	0.9	-1.6
Dec 2020	107.0	-0.3	-2.4
Mar 2021	107.6	0.6	-1.9
Jun 2021	109.2	1.5	2.7
Sep 2021	111.9	2.5	4.3
Dec 2021	115.4	3.1	7.9
Mar 2022	117.4	1.7	9.1

Input prices to coal mining rose, driven by increased costs for steel and oil

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

[["Mar 2013","Jun 2013","Sep 2013","Dec 2013","Mar 2014","Jun 2014","Sep 2014","Dec 2014","Mar 2015","Jun 2015","Sep 2015","Dec 2015","Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[104.8],[103.59999999999999],[106.5],[106.09999999999999],[107.7],[106.59999999999999],[105.40000000000001],[102.40000000000001],[98.5],[100.8],[100.7],[99.799999999999997],[98.400000000000006],[98.599999999999994],[99.400000000000006],[100.5],[101.59999999999999],[101.5],[101.7],[103.3],[104.8],[105.59999999999999],[107],[108.59999999999999],[108.09999999999999],[108.8],[109.09999999999999],[109.59999999999999],[109.7],[106.3],[107.3],[107],[107.59999999999999],[109.2],[111.90000000000001],[115.40000000000001],[117.40000000000001]],[[0.69999999999999996],[-1.1000000000000001],[2.7999999999999998],[-0.40000000000000002],[1.5],[-1],[-1.1000000000000001],[-2.7999999999999998],[-3.7999999999999998],[2.2999999999999998],[-0.10000000000000001],[-0.90000000000000002],[-1.3999999999999999],[0.20000000000000001],[0.80000000000000004],[1.1000000000000001],[1.1000000000000001],[-0.10000000000000001],[0.20000000000000001],[1.6000000000000001],[1.5],[0.80000000000000004],[1.3],[1.5],[-0.5],[0.59999999999999998],[0.29999999999999999],[0.5],[0.10000000000000001],[-3.1000000000000001],[0.90000000000000002],[-0.29999999999999999],[0.59999999999999998],[1.5],[2.5],[3.1000000000000001],[1.7]],[[5.4000000000000004],[0.69999999999999996],[2.7999999999999998],[1.8999999999999999],[2.7999999999999998],[2.8999999999999999],[-1],[-3.5],[-8.5],[-5.4000000000000004],[-4.5],[-2.5],[-0.10000000000000001],[-2.2000000000000002],[-1.3],[0.69999999999999996],[3.2999999999999998],[2.8999999999999999],[2.2999999999999998],[2.7999999999999998],[3.1000000000000001],[4],[5.2000000000000002],[5.0999999999999996],[3.1000000000000001],[3],[2],[0.90000000000000002],[1.5],[-2.2999999999999998],[-1.6000000000000001],[-2.3999999999999999],[-1.8999999999999999],[2.7000000000000002],[4.2999999999999998],[7.9000000000000004],[9.0999999999999996]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Output of the mining industry

Prices received for Gas extraction, domestic rose 9.3%, due to rises in contract prices, global crude oil and LNG spot prices. Over the past twelve months Gas extraction, domestic rose 31.9%.

Quarterly domestic gas extraction prices increased due to rises in contract prices, rising global oil and LNG spot prices

Quarterly domestic gas extraction prices increased due to rises in contract prices, rising global oil and LNG spot prices
Quarter	index no.	quarter (% change)	annual (% change)
Jun-17	116.0	4.4	18.3
Sep-17	132.9	14.6	30.3
Dec-17	133.2	0.2	27.0
Mar-18	144.8	8.7	30.4
Jun-18	144.7	-0.1	24.8
Sep-18	149.5	3.3	12.5
Dec-18	151.3	1.2	13.6
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

Quarterly domestic gas extraction prices increased due to rises in contract prices, rising global oil and LNG spot prices

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

[["Jun-17","Sep-17","Dec-17","Mar-18","Jun-18","Sep-18","Dec-18","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"],[[116],[132.90000000000001],[133.19999999999999],[144.80000000000001],[144.69999999999999],[149.5],[151.30000000000001],[147],[151.80000000000001],[155],[148.80000000000001],[154.80000000000001],[146.59999999999999],[132.19999999999999],[137.80000000000001],[144.09999999999999],[151.09999999999999],[165.5],[173.80000000000001],[190]],[[4.4000000000000004],[14.6],[0.20000000000000001],[8.6999999999999993],[-0.10000000000000001],[3.2999999999999998],[1.2],[-2.7999999999999998],[3.2999999999999998],[2.1000000000000001],[-4],[4],[-5.2999999999999998],[-9.8000000000000007],[4.2000000000000002],[4.5999999999999996],[4.9000000000000004],[9.5],[5],[9.3000000000000007]],[[18.300000000000001],[30.300000000000001],[27],[30.399999999999999],[24.800000000000001],[12.5],[13.6],[1.5],[4.9000000000000004],[3.7000000000000002],[-1.7],[5.2999999999999998],[-3.3999999999999999],[-14.699999999999999],[-7.4000000000000004],[-6.9000000000000004],[3.1000000000000001],[25.199999999999999],[26.100000000000001],[31.899999999999999]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

East coast gas extraction prices increased significantly, while West coast gas extraction prices increased slightly in March quarter 2022

Image

Domestic gas extraction quarterly price change

Manufacturing

Input to the manufacturing industry

Input prices to the manufacturing industries rose 6.2%

Input prices to manufacturing rose 6.2% over the quarter and rose 18.5% over the past twelve months.

Input prices to manufacturing recorded its largest annual growth rate since the March quarter 1980

Input prices to manufacturing recorded its largest annual growth rate since the March quarter 1980
Quarter	index no.	quarter (% change)	annual (% change)
Mar 2013	99.7	-0.1	0.0
Jun 2013	97.9	-1.8	-2.6
Sep 2013	101.0	3.2	2.2
Dec 2013	100.4	-0.6	0.6
Mar 2014	102.8	2.4	3.1
Jun 2014	101.8	-1.0	4.0
Sep 2014	100.7	-1.1	-0.3
Dec 2014	100.0	-0.7	-0.4
Mar 2015	98.1	-1.9	-4.6
Jun 2015	99.9	1.8	-1.9
Sep 2015	100.1	0.2	-0.6
Dec 2015	98.1	-2.0	-1.9
Mar 2016	97.1	-1.0	-1.0
Jun 2016	98.0	0.9	-1.9
Sep 2016	100.0	2.0	-0.1
Dec 2016	100.3	0.3	2.2
Mar 2017	102.0	1.7	5.0
Jun 2017	102.1	0.1	4.2
Sep 2017	101.5	-0.6	1.5
Dec 2017	103.3	1.8	3.0
Mar 2018	106.2	2.8	4.1
Jun 2018	108.6	2.3	6.4
Sep 2018	109.5	0.8	7.9
Dec 2018	109.7	0.2	6.2
Mar 2019	110.4	0.6	4.0
Jun 2019	112.8	2.2	3.9
Sep 2019	115.0	2.0	5.0
Dec 2019	113.8	-1.0	3.7
Mar 2020	115.5	1.5	4.6
Jun 2020	114.5	-0.9	1.5
Sep 2020	114.7	0.2	-0.3
Dec 2020	115.1	0.3	1.1
Mar 2021	117.6	2.2	1.8
Jun 2021	122.0	3.7	6.6
Sep 2021	127.6	4.6	11.2
Dec 2021	131.2	2.8	14.0
Mar 2022	139.3	6.2	18.5

Input prices to manufacturing recorded its largest annual growth rate since the March quarter 1980

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

[["Mar 2013","Jun 2013","Sep 2013","Dec 2013","Mar 2014","Jun 2014","Sep 2014","Dec 2014","Mar 2015","Jun 2015","Sep 2015","Dec 2015","Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[99.700000000000003],[97.900000000000006],[101],[100.40000000000001],[102.8],[101.8],[100.7],[100],[98.099999999999994],[99.900000000000006],[100.09999999999999],[98.099999999999994],[97.099999999999994],[98],[100],[100.3],[102],[102.09999999999999],[101.5],[103.3],[106.2],[108.59999999999999],[109.5],[109.7],[110.40000000000001],[112.8],[115],[113.8],[115.5],[114.5],[114.7],[115.09999999999999],[117.59999999999999],[122],[127.59999999999999],[131.19999999999999],[139.30000000000001]],[[-0.10000000000000001],[-1.8],[3.2000000000000002],[-0.59999999999999998],[2.3999999999999999],[-1],[-1.1000000000000001],[-0.69999999999999996],[-1.8999999999999999],[1.8],[0.20000000000000001],[-2],[-1],[0.90000000000000002],[2],[0.29999999999999999],[1.7],[0.10000000000000001],[-0.59999999999999998],[1.8],[2.7999999999999998],[2.2999999999999998],[0.80000000000000004],[0.20000000000000001],[0.59999999999999998],[2.2000000000000002],[2],[-1],[1.5],[-0.90000000000000002],[0.20000000000000001],[0.29999999999999999],[2.2000000000000002],[3.7000000000000002],[4.5999999999999996],[2.7999999999999998],[6.2000000000000002]],[[0],[-2.6000000000000001],[2.2000000000000002],[0.59999999999999998],[3.1000000000000001],[4],[-0.29999999999999999],[-0.40000000000000002],[-4.5999999999999996],[-1.8999999999999999],[-0.59999999999999998],[-1.8999999999999999],[-1],[-1.8999999999999999],[-0.10000000000000001],[2.2000000000000002],[5],[4.2000000000000002],[1.5],[3],[4.0999999999999996],[6.4000000000000004],[7.9000000000000004],[6.2000000000000002],[4],[3.8999999999999999],[5],[3.7000000000000002],[4.5999999999999996],[1.5],[-0.29999999999999999],[1.1000000000000001],[1.8],[6.5999999999999996],[11.199999999999999],[14],[18.5]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

The main contributors to input price rises to the manufacturing industries were:

Oil and gas extraction (+25.6%), due to a rise in crude oil prices as global demand increases amid reduced oil production and supply disruptions from the Russia – Ukraine conflict.
Metal ore mining to manufacturing (+7.0%), due to increased demand for gold in response to high U.S. inflation, and broader economic uncertainty.
Basic chemical and chemical product (+13.9%), due to reduced global supply of caustic soda and ammonium nitrate, and higher energy costs amid strong global demand.
Agriculture to manufacturing (+2.4%), due to reduced availability of beef cattle for consumption as farmers focus on herd rebuilding following recent rainfall.

There were no significant movements offsetting the input price rises.

Crude oil, gold, basic chemicals and beef cattle prices drive increase in quarterly input prices to manufacturing

Crude oil, gold, basic chemicals and beef cattle prices drive increase in quarterly input prices to manufacturing
Main contributors	quarter (% change)	annual (% change)
Oil and gas extraction	25.6	55.3
Metal ore mining to manufacturing	7.0	4.4
Basic chemical and chemical product	13.9	53.0
Agriculture to manufacturing	2.4	10.7

Crude oil, gold, basic chemicals and beef cattle prices drive increase in quarterly input prices to manufacturing

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

[["Oil and gas extraction","Metal ore mining to manufacturing","Basic chemical and chemical product","Agriculture to manufacturing"],[[25.600000000000001],[7],[13.9],[2.3999999999999999]],[[55.299999999999997],[4.4000000000000004],[53],[10.699999999999999]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Output of the manufacturing industry

Output prices of the manufacturing industries rose 4.1%

Output prices of the manufacturing industries rose 4.1% over the quarter and 15.1% over the past twelve months.

Output prices of the manufacturing industries recorded its largest annual growth since the March quarter 1980

Output prices of the manufacturing industries recorded its largest annual growth since the March quarter 1980
Quarter	index no.	quarter (% change)	annual (% change)
Mar 2013	99.7	0.2	-0.3
Jun 2013	99.8	0.1	-0.3
Sep 2013	101.4	1.6	2.8
Dec 2013	101.6	0.2	2.1
Mar 2014	103.6	2.0	3.9
Jun 2014	103.5	-0.1	3.7
Sep 2014	103.8	0.3	2.4
Dec 2014	104.1	0.3	2.5
Mar 2015	103.4	-0.7	-0.2
Jun 2015	104.6	1.2	1.1
Sep 2015	104.5	-0.1	0.7
Dec 2015	103.6	-0.9	-0.5
Mar 2016	102.3	-1.3	-1.1
Jun 2016	102.9	0.6	-1.6
Sep 2016	103.8	0.9	-0.7
Dec 2016	104.7	0.9	1.1
Mar 2017	105.9	1.1	3.5
Jun 2017	106.7	0.8	3.7
Sep 2017	105.9	-0.7	2.0
Dec 2017	108.4	2.4	3.5
Mar 2018	109.4	0.9	3.3
Jun 2018	112.2	2.6	5.2
Sep 2018	113.2	0.9	6.9
Dec 2018	114.2	0.9	5.4
Mar 2019	114.5	0.3	4.7
Jun 2019	115.6	1.0	3.0
Sep 2019	116.9	1.1	3.3
Dec 2019	117.3	0.3	2.7
Mar 2020	118.2	0.8	3.2
Jun 2020	116.9	-1.1	1.1
Sep 2020	116.6	-0.3	-0.3
Dec 2020	117.0	0.3	-0.3
Mar 2021	118.2	1.0	0.0
Jun 2021	121.0	2.4	3.5
Sep 2021	125.7	3.9	7.8
Dec 2021	130.7	4.0	11.7
Mar 2022	136.0	4.1	15.1

Output prices of the manufacturing industries recorded its largest annual growth since the March quarter 1980

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

[["Mar 2013","Jun 2013","Sep 2013","Dec 2013","Mar 2014","Jun 2014","Sep 2014","Dec 2014","Mar 2015","Jun 2015","Sep 2015","Dec 2015","Mar 2016","Jun 2016","Sep 2016","Dec 2016","Mar 2017","Jun 2017","Sep 2017","Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022"],[[99.700000000000003],[99.799999999999997],[101.40000000000001],[101.59999999999999],[103.59999999999999],[103.5],[103.8],[104.09999999999999],[103.40000000000001],[104.59999999999999],[104.5],[103.59999999999999],[102.3],[102.90000000000001],[103.8],[104.7],[105.90000000000001],[106.7],[105.90000000000001],[108.40000000000001],[109.40000000000001],[112.2],[113.2],[114.2],[114.5],[115.59999999999999],[116.90000000000001],[117.3],[118.2],[116.90000000000001],[116.59999999999999],[117],[118.2],[121],[125.7],[130.69999999999999],[136]],[[0.20000000000000001],[0.10000000000000001],[1.6000000000000001],[0.20000000000000001],[2],[-0.10000000000000001],[0.29999999999999999],[0.29999999999999999],[-0.69999999999999996],[1.2],[-0.10000000000000001],[-0.90000000000000002],[-1.3],[0.59999999999999998],[0.90000000000000002],[0.90000000000000002],[1.1000000000000001],[0.80000000000000004],[-0.69999999999999996],[2.3999999999999999],[0.90000000000000002],[2.6000000000000001],[0.90000000000000002],[0.90000000000000002],[0.29999999999999999],[1],[1.1000000000000001],[0.29999999999999999],[0.80000000000000004],[-1.1000000000000001],[-0.29999999999999999],[0.29999999999999999],[1],[2.3999999999999999],[3.8999999999999999],[4],[4.0999999999999996]],[[-0.29999999999999999],[-0.29999999999999999],[2.7999999999999998],[2.1000000000000001],[3.8999999999999999],[3.7000000000000002],[2.3999999999999999],[2.5],[-0.20000000000000001],[1.1000000000000001],[0.69999999999999996],[-0.5],[-1.1000000000000001],[-1.6000000000000001],[-0.69999999999999996],[1.1000000000000001],[3.5],[3.7000000000000002],[2],[3.5],[3.2999999999999998],[5.2000000000000002],[6.9000000000000004],[5.4000000000000004],[4.7000000000000002],[3],[3.2999999999999998],[2.7000000000000002],[3.2000000000000002],[1.1000000000000001],[-0.29999999999999999],[-0.29999999999999999],[0],[3.5],[7.7999999999999998],[11.699999999999999],[15.1]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"index number","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

The main contributors to Output price rises to the manufacturing industries were:

Petroleum refining and petroleum fuel manufacturing (+20.7%), due to increased global crude oil prices as transportation demand for fuel recovered under easing COVID restrictions and re-opening of international borders.
Other basic non-ferrous metal manufacturing (+5.2%), due to increased demand for investment in response to high U.S. inflation, and broader economic uncertainty.
Meat processing manufacturing (+3.7%), due to reduced availability of processed beef from herd re-building, and labour shortages due to COVID and flooding causing additional supply disruptions.

Offsetting the rise, was a price fall in:

Alumina production (-8.3%), coming off a strong increase in the December quarter. The fall this quarter was due to increased global supply and expected increases in refining capacity in the Pacific region.

Quarterly manufacturing output price rises were driven by petroleum fuels, gold and processed beef

Quarterly manufacturing output price rises were driven by petroleum fuels, gold and processed beef
Main contributors	quarter (% change)	annual (% change)
Petroleum refining and petroleum fuel manufacturing	20.7	69.7
Other basic non-ferrous metal manufacturing	5.2	11.0
Meat processing manufacturing	3.7	24.2
Alumina production	-8.3	39.1

Quarterly manufacturing output price rises were driven by petroleum fuels, gold and processed beef

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

[["Petroleum refining and petroleum fuel manufacturing","Other basic non-ferrous metal manufacturing","Meat processing manufacturing","Alumina production"],[[20.699999999999999],[5.2000000000000002],[3.7000000000000002],[-8.3000000000000007]],[[69.700000000000003],[11],[24.199999999999999],[39.100000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Services

Output of the services industries

Accommodation and food services prices rose, driven by:

Accommodation services (+2.8%), due to seasonal holiday demand and easing of state travel restrictions.
Cafes, restaurants, and takeaway food services (+1.1%), due to restaurants and cafes reviewing their prices to reflect higher input costs.

Over the past twelve months:

Accommodation services prices rose 10.8%.
Cafes, restaurant and takeaway food services prices rose 4.1%.

Accommodation rose due to increased domestic travel demand and reduced COVID-19 restrictions

Accommodation rose due to increased domestic travel demand and reduced COVID-19 restrictions
Quarter	Accommodation (% change)	Cafes, restaurants and takeaway food services (% change)
Mar-20	-10.1	0.7
Jun-20	-8.3	0.3
Sep-20	0.3	-0.4
Dec-20	9.0	1.1
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

Accommodation rose due to increased domestic travel demand and reduced COVID-19 restrictions

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

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[-10.1],[-8.3000000000000007],[0.29999999999999999],[9],[0.20000000000000001],[4],[-5.7000000000000002],[9.8000000000000007],[2.7999999999999998]],[[0.69999999999999996],[0.29999999999999999],[-0.40000000000000002],[1.1000000000000001],[0.5],[0.29999999999999999],[1.3],[1.2],[1.1000000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

Transport, postal and warehousing prices rose, driven by:

Road freight transport (+1.6%), due to rising costs for fuel and wages.
Postal and courier pick-up and delivery services (+1.8%), due to rising fuel costs.

This was partly offset by:

Water transport support services (-3.7%), due to falls in annual fees and easing in port congestion and processing delays.

Over the past twelve months:

Road freight transport prices rose 5.2%.
Postal and courier pick-up and delivery services rose 4.7%.
Water transport support services fell 2.7%.

Transport, postal and warehousing prices rose due to increased wages, fuel costs and demand

Transport, postal and warehousing prices rose due to increased wages, fuel costs and demand
Quarter	Road freight transport (% change)	Postal and courier pick-up and delivery services (% change)
Mar-20	0.2	1.2
Jun-20	-0.7	0.3
Sep-20	-1.4	0.5
Dec-20	0.7	0.0
Mar-21	0.4	0.4
Jun-21	1.2	0.3
Sep-21	0.9	1.3
Dec-21	1.5	1.1
Mar-22	1.6	1.8

Transport, postal and warehousing prices rose due to increased wages, fuel costs and demand

["Quarter","Road freight transport","Postal and courier pick-up and delivery services"]

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[0.20000000000000001],[-0.69999999999999996],[-1.3999999999999999],[0.69999999999999996],[0.40000000000000002],[1.2],[0.90000000000000002],[1.5],[1.6000000000000001]],[[1.2],[0.29999999999999999],[0.5],[0],[0.40000000000000002],[0.29999999999999999],[1.3],[1.1000000000000001],[1.8]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

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

Non-residential property operators (+1.5%), due to a rise in industrial rents resulting from increased demand for industrial spaces, storage of e-commerce goods and accommodating employees. Offsetting this rise are falls in retail rents.
Real estate services (+4.2%), due to continued growth in the housing market.
Passenger car rental and hiring (+16.2%), due to seasonal holiday demand and easing of state travel restrictions.

Over the past twelve months:

Non-residential property operators rose 2.7%.
Real estate services prices rose 12.9%.
Passenger car rental and hiring prices rose 20.6%.

Rental, hiring and real estate prices rose due to strong growth in the housing market and increased industrial rents

Rental, hiring and real estate prices rose due to strong growth in the housing market and increased industrial rents
Quarter	Non-residential property operators (% change)	Real estate services (% change)	Passenger car rental and hiring (% change)
Mar-20	0.7	0.6	3.0
Jun-20	-1.1	0.8	-15.9
Sep-20	-2.6	0.2	21.7
Dec-20	-2.3	0.2	25.4
Mar-21	1.4	1.3	23.6
Jun-21	0.1	2.3	23.9
Sep-21	0.6	2.4	-18.4
Dec-21	0.4	3.5	2.7
Mar-22	1.5	4.2	16.2

Rental, hiring and real estate prices rose due to strong growth in the housing market and increased industrial rents

["Quarter","Non-residential property operators","Real estate services","Passenger car rental and hiring"]

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[0.69999999999999996],[-1.1000000000000001],[-2.6000000000000001],[-2.2999999999999998],[1.3999999999999999],[0.10000000000000001],[0.59999999999999998],[0.40000000000000002],[1.5]],[[0.59999999999999998],[0.80000000000000004],[0.20000000000000001],[0.20000000000000001],[1.3],[2.2999999999999998],[2.3999999999999999],[3.5],[4.2000000000000002]],[[3],[-15.9],[21.699999999999999],[25.399999999999999],[23.600000000000001],[23.899999999999999],[-18.399999999999999],[2.7000000000000002],[16.199999999999999]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

Professional, scientific and technical services prices rose, driven by:

Management advice and related services (+1.3%), due to increased wages.
Engineering design and consulting services (+0.4%), due to high demand from the construction industry and rising costs.

Over the past twelve months:

Management advice and related services prices rose 3.9%.
Engineering design and consulting services prices rose 5.0%.

Professional, scientific and technical services rose due to increased wages

Professional, scientific and technical services rose due to increased wages
Quarter	Management advice and related consulting services (% change)	Engineering design and engineering consulting services (% change)
Mar-20	0.4	0.3
Jun-20	-0.1	-0.1
Sep-20	0.2	-0.1
Dec-20	0.4	0.2
Mar-21	0.6	1.5
Jun-21	0.7	0.4
Sep-21	0.4	3.7
Dec-21	1.4	0.5
Mar-22	1.3	0.4

Professional, scientific and technical services rose due to increased wages

["Quarter","Management advice and related consulting services","Engineering design and engineering consulting services"]

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[0.40000000000000002],[-0.10000000000000001],[0.20000000000000001],[0.40000000000000002],[0.59999999999999998],[0.69999999999999996],[0.40000000000000002],[1.3999999999999999],[1.3]],[[0.29999999999999999],[-0.10000000000000001],[-0.10000000000000001],[0.20000000000000001],[1.5],[0.40000000000000002],[3.7000000000000002],[0.5],[0.40000000000000002]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

Higher Education in Education and Training services industries rose, driven by:

Higher education, exports (+4.3%), due to the opening of international borders and fee increases across a number of universities.

Higher education, export prices rose due to opening of international borders and fee increases

Higher education, export prices rose due to opening of international borders and fee increases
Quarter	Higher education, Exports (% change)
Mar-20	4.3
Jun-20	0
Sep-20	0
Dec-20	0
Mar-21	0.9
Jun-21	0
Sep-21	0
Dec-21	0
Mar-22	4.3

Higher education, export prices rose due to opening of international borders and fee increases

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

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[4.2999999999999998],[0],[0],[0],[0.90000000000000002],[0],[0],[0],[4.2999999999999998]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

Health care and social assistance industries rose, driven by:

Child care services (+2.1%), due to calendar year fee increases and increased costs to child care providers.

Over the past twelve months Child care services rose 6.1%.

Health care and social assistance industries rose due to increased costs to childcare providers

Health care and social assistance industries rose due to increased costs to childcare providers
Quarter	Child care services (% change)
Mar-20	0.5
Jun-20	-36.7
Sep-20	49.0
Dec-20	7.8
Mar-21	1.6
Jun-21	1.7
Sep-21	2.1
Dec-21	0.2
Mar-22	2.1

Health care and social assistance industries rose due to increased costs to childcare providers

["Quarter","Child care services"]

[["Mar-20","Jun-20","Sep-20","Dec-20","Mar-21","Jun-21","Sep-21","Dec-21","Mar-22"],[[0.5],[-36.700000000000003],[49],[7.7999999999999998],[1.6000000000000001],[1.7],[2.1000000000000001],[0.20000000000000001],[2.1000000000000001]]]

[]

[{"axis_id":"0","tick_interval":"","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"%","axis_units":"","tooltip_units":"","table_units":"(% change)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"1","data_unit_prefix":"(% change)","data_unit_suffix":"","reverse_axis":false}]

Data downloads

Download all (1.2 MB)

Time series

Data files

Table 1. Final demand, Index Numbers and Percentage Changes.
Download xlsx [47.58 KB]
Table 11. Input to the Coal mining industry, index numbers and percentage changes
Download xlsx [49.05 KB]
Table 12. Output of the Manufacturing industries, division, subdivision, group and class index numbers
Download xlsx [254.23 KB]
Table 13. Input to the Manufacturing industries, division and selected industries, index numbers and percentage changes
Download xlsx [106.37 KB]
Table 14. Input to the Manufacturing industries, subdivision index numbers
Download xlsx [60.8 KB]
Table 17. Output of the Construction industries, subdivision and class index numbers
Download xlsx [77.73 KB]

Download all (84.42 KB)

Datacubes

Data files

Table 5 Final demand: contribution to final demand index by industry - index points
Download xlsx [27.7 KB]
Table 28 Contribution to input to the manufacturing industries index, subdivision and index points
Download xlsx [26.73 KB]
Table 29 Contribution to output of the manufacturing industries index, group and index points
Download xlsx [23.72 KB]
Table 30 Contribution to input to the house construction industry index, weighted average of six state capital cities, index points
Download xlsx [23.44 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 release

Producer Price Index (PPIs) weight update, 2022

As advertised in the December quarter publication, the PPIs have been reweighted for the March quarter 2022. Indexes are reweighted using ABS Australian National Accounts - Input Output (I-O) Tables. Weights represent the structure of the Australian economy and determine which prices have the greatest contribution to the PPIs.

From March quarter 2022, the weights of Final demand, Input to the Manufacturing, Output of the Manufacturing, Output of the Services, and Output of the mining indexes, have been updated in line with the 2018/19 Australian National Accounts: Input-Output tables. Additionally, index structures have been updated in accordance with changes in I-O classifications. As a consequence of the re-weight, the points contribution data for the December quarter 2021 shown in tables 5, 28 and 29 have been updated from those published in the previous issue of this publication.

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.

APA

Producer Price Indexes, Australia

APA

Key statistics

What are the Producer Price Indexes (PPIs)?

What is Final Demand?

Producer Price Index (PPIs) weight update, 2022

Quarterly overview

Construction materials, crude oil and skilled trade shortages drove increases in Final demand prices

Construction materials, crude oil and skilled trade shortages drove increases in Final demand prices

The main contributors to quarterly growth in Final demand were:

Price rises in the Construction and Petroleum manufacturing industries continue to drive the increase in quarterly Final demand

Price rises in the Construction and Petroleum manufacturing industries continue to drive the increase in quarterly Final demand

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

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

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

Mining industries

Manufacturing

Services

Previous catalogue number

Using price indexes

Price indexes in contracts

Changes in this release

Producer Price Index (PPIs) weight update, 2022

Additional information

Methodology

Do you need more detailed statistics?

Request data

Microdata and TableBuilder