Final demand (excluding exports)
- Rises in child care services (+48.7%), petroleum refining and petroleum fuel manufacturing (+10.7%), and commercial fishing (+12.5%).
- Falls in computer and electronic equipment (-7.7%), other transport equipment (-6.0%) and clothing manufacturing (-8.4%).
| Jun Qtr 20 to Sep Qtr 20 | Sep Qtr 19 to Sep Qtr 20 | |
|---|---|---|
| Final demand | % change | % change |
| Final demand (excl. exports) | 0.4 | -0.4 |
Index reference period: 2011-12 - 100.0.
Changes in this issue
The September quarter 2020 issue of the Producer Price Indexes includes re-weighted price indexes for:
- 3011 Inputs to House Construction
- Outputs of the manufacturing industries - subdivision 17, Petroleum and coal product manufacturing
From the September quarter 2020, additional series have been included in the Time Series Spreadsheets.
Table 13. Input to the Manufacturing industries, division and selected industries, index numbers will include:
- Basic non-ferrous metals
Table 12. Output of the Manufacturing industries, division, subdivision, group and class index numbers will resume publishing:
- 1312 Natural textile manufacturing
Rounding
Any discrepancies between totals and sums of components in this publication are due to rounding.
Use of 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.
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.