Australian Bureau of Statistics
6419.0 - Producer and International Trade Price Indexes, 1995
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/02/1995 Ceased
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8.1. The indexes currently included in Catalogue No. 6410.0 were first published in the October 1972 issue of Price Indexes of Metallic Materials (6410.0) as the Price Indexes of Copper Materials Used in the Manufacture of Electrical Equipment. In January 1986, the title of that publication was changed and the series for the other metallic materials (iron and steel, aluminium, copper and brass, and zinc) were transferred to Price Indexes of Materials Used in Manufacturing Industries, Australia (6411.0).
8.6. The publication contains index numbers for copper materials used in the manufacture of three types of electrical equipment, namely:
8.7. The index for industrial electric motors is intended to measure price movements of copper materials used in manufacturing electric motors intended for industrial applications only. As a result, this index does not necessarily reflect the price movements of copper materials used in the manufacture of other smaller types of electric motors, such as those used as components in white goods or other domestic appliances.
8.8. The indexes are used primarily for adjusting business contracts.
Composition and weighting
8.9. The items included in each index, and their percentage contributions, are shown in Table 8.1: Price indexes of copper materials
8.13. Price collection is spread across the three months of the quarter. Prices relate to specified standards of each material and are those charged by manufacturers or distributors of copper materials to electrical equipment manufacturers.
8.15. There are two broad levels at which weights are used in the compilation of index numbers. At one level are the item weights, which were mentioned earlier and are provided in Table 8.1. These weights are commonly called regimen item weights and are fixed between the periodic reviews of the whole index. For these indexes, the values used were derived from data supplied by a sample of manufacturers for representative types of equipment in each category.
This page last updated 20 January 2006
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