6457.0 - International Trade Price Indexes, Australia, Sep 2012 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/11/2012
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SEPTEMBER KEY FIGURES
SEPTEMBER KEY POINTS
IMPORT PRICE INDEX
EXPORT PRICE INDEX
REVIEW OF THE PRODUCER AND INTERNATIONAL TRADE PRICE INDEXES
The ABS published the outcomes from a major review of the Producer and International Trade Price Indexes on 6 March 2012. More information on the review can be found in Information Paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004).
Details relating to the implementation of the outcomes of the review can be found in Information Paper: Implementation of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.005), released on 28 September 2012.
CHANGES IN THIS ISSUES
Both the Import Price Index and the Export Price Index data have been reweighted for the September quarter 2012. This is in line with the ABS policy of reweighting these indexes annually for the September quarter, as explained in paragraphs 8-10 of the Explanatory Notes. The new weighting patterns are provided in Appendix 1 of this issue. As a consequence of the annual reweighting, the points contribution data for the June quarter 2012 shown in Tables 2, 8 and 17 differ from that published in the previous issue of this publication.
From the September quarter 2012, all index numbers are calculated on a new index reference period of 2011-12 = 100.0. Period-to-period percentage changes may differ slightly to those previously published due to rounding and the re-referencing. These differences do not constitute a revision. Re-referencing conversion factors are available from the ABS website in Table 20 of the 'Downloads' tab of this issue. Further information on re-referencing can be found in Appendix 2 of this issue and in Chapter 12 of Producer and International Trade Price Indexes: Concepts, Sources and Methods, 2006 (cat. no. 6429.0).
Any discrepancies between totals and sums of components are due to rounding.
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>.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
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