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6457.0 - International Trade Price Indexes, Australia, Jun 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 22/07/2011   
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JUNE KEY FIGURES

Mar Qtr 11 to Jun Qtr 11
Jun Qtr 10 to Jun Qtr 11
% change
% change

Import Price Index all groups
0.8
-1.0
Food and live animals
0.9
-4.0
Beverages and tobacco
-1.0
-2.8
Crude materials, inedible, except fuels
-0.8
-1.5
Mineral fuels, lubricants and related materials
11.2
23.9
Animal and vegetable oils, fats and waxes
8.9
27.0
Chemicals and related products, n.e.s.
1.4
-0.9
Manufactured goods classified chiefly by material
-0.8
-2.1
Machinery and transport equipment
-2.3
-7.5
Miscellaneous manufactured articles
-2.8
-8.9
Commodities and transactions, n.e.s.
3.3
5.5
Export Price Index all groups
6.0
10.5
Food and live animals
2.8
11.4
Beverages and tobacco
-7.7
-11.4
Crude materials, inedible, except fuels
8.6
15.7
Mineral fuels, lubricants and related materials
11.3
16.4
Animal and vegetable oils, fats and waxes
-10.1
19.3
Chemicals and related products, n.e.s.
0.2
5.1
Manufactured goods classified chiefly by material
-1.0
2.0
Machinery and transport equipment
-3.0
-8.8
Miscellaneous manufactured articles
-2.3
-10.3
Commodities and transactions, n.e.s.
3.7
6.0


IMPORT PRICE INDEX: all groups, Quarterly % change
Graph: IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX: all groups, Quarterly % change
Graph: EXPORT PRICE INDEX: all groups, Quarterly % change




JUNE KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index increased by 0.8% in the June quarter 2011. Through the year to June quarter 2011, the Import Price Index decreased by 1.0%.


EXPORT PRICE INDEX
  • The Export Price Index increased by 6.0% in the June quarter 2011. Through the year to June quarter 2011, the Export Price Index increased by 10.5%.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
Sep 2011 21 October 2011
Dec 2011 20 January 2012
Mar 2012 20 April 2012
Jun 2012 20 July 2012



CHANGES IN THIS ISSUE

This issue incorporates minor corrections to several Import Price Index all groups values for the June quarter 2010, which were wrong in the December quarter 2010 and March quarter 2011 releases. These corrections now restore the affected index number and percentage changes to the values as previously published in the September quarter 2010 release.

Additional series have been added to tables 2 and 8. These series were previously only available on the ABS website.


IMPACT OF THE FLOODS AND CYCLONE YASI

Extensive flooding began in late December 2010 in Queensland, and intensified in both Queensland and other states in January 2011. In early February 2011, Severe Tropical Cyclone Yasi crossed the north Queensland coast. Gale force winds, flooding rain and storm surges caused significant damage to areas in the storm's path.

The collection and processing of import and export price data included in this publication were not disrupted by the floods and cyclone.

On a quarter to quarter basis the prices of imported and exported goods can be impacted by a number of factors including exchange rates, international markets, supply constraints, business confidence and seasonal patterns. The impact of events like the Queensland floods and Cyclone Yasi cannot be readily quantified.

ABS price index compilation methodologies and quality assurance processes have ensured that any impact of the floods and cyclone on import and export prices has been reflected in the data included in this publication.


ROUNDING

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


DATA REFERENCES

Data referenced in the Key Points and Commentary are available from the tables shown in this publication, or in the corresponding tables of this publication on the ABS website <http://www.abs.gov.au>.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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