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6457.0 - International Trade Price Indexes, Australia, Sep 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/10/2005   
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SEPTEMBER QUARTER KEY FIGURES

Jun Qtr 05 to Sep Qtr 05
Sep Qtr 04 to Sep Qtr 05
% change
% change

Import Price Index all groups
2.6
-0.1
Food and live animals
1.4
4.5
Beverages and tobacco
3.0
1.7
Crude materials
2.0
1.0
Mineral fuels, etc.
17.6
39.9
Animal and vegetable oils, etc.
-0.2
-4.9
Chemicals and related products
0.6
0.7
Manufactured goods by material
0.5
-1.1
Machinery and transport equipment
0.3
-6.9
Miscellaneous manufactured articles
0.9
-3.7
Commodities and transactions n.e.s.
4.1
2.3
Export Price Index all groups
4.7
12.0
Food and live animals
1.8
0.1
Beverages and tobacco
-0.2
-2.0
Crude materials
1.5
16.5
Mineral fuels, etc.
16.3
40.3
Chemicals and related products
-1.5
2.1
Manufactured goods by material
-0.9
1.7
Machinery and transport equipment
0.6
-0.7
Miscellaneous manufactured articles
4.1
2.8

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



SEPTEMBER QUARTER KEY POINTS

IMPORT PRICE INDEX

  • The Import Price Index increased by 2.6% in the September quarter 2005, with crude and other petroleum oils being the main contributors to the increase. There were no significant offsetting price decreases.

EXPORT PRICE INDEX
  • The Export Price Index increased by 4.7% in the September quarter 2005, following a 9.3% increase in the June quarter 2005. The increase this quarter was again mainly driven by price rises for materials used in steel making, such as coking coal and iron ores. Price rises for exports of crude petroleum oils and gases, as well as gold, aluminium and live bovine animals also contributed to the increase this quarter. The most significant offsetting price decreases were observed for exports of nickel, fresh beef and alumina.


NOTES

CHANGES IN THIS ISSUE

Both the Import Price Index and the Export Price Index have been reweighted in the September quarter 2005. This is in line with the ABS' policy of reweighting these indexes annually in the September quarter, as explained in paragraphs 8--10 of the Explanatory Notes. The new weighting patterns are provided in an Appendix to this issue.


As a consequence of this annual reweighting, points contribution data for June quarter 2005 shown in Tables 2, 8 and 17 differ from those published in the previous issue of this publication.

ROUNDING

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

RELATED STATISTICS

For more information about statistics in this publication and about other 'ABS data available on request', contact Steve Whennan on (02) 6252 6251, or email <steve.whennan@abs.gov.au>.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Steve Whennan on Canberra (02) 6252 6251.


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