Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
6427.0 - Producer Price Indexes, Australia, Dec 2010  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2011   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

STAGE OF PRODUCTION COMMENTARY


STAGE OF PRODUCTION (SOP) OVERVIEW

In December quarter 2010, the final (Stage 3) index increased 0.1% while the intermediate (Stage 2) index showed no movement and the preliminary (Stage 1) index increased 0.1%. Through the year to December quarter 2010, the final (Stage 3) index increased 2.7%, the intermediate (Stage 2) index increased 3.3% and the preliminary (Stage 1) index increased 3.8%.

The increase of 0.1% in the final (Stage 3) index reflected a rise of 0.7% in the price of domestically produced items, partly offset by a fall of 4.4% in the price of imported items. The domestic component recorded rises in the prices received for other agriculture (+18.3%), building construction (+0.8%) and accommodation (+8.6%). Partly offsetting these price rises were falls in the prices received for domestic motor vehicle and part manufacturing (-1.7%). The imports component decreased due to falls in the prices for industrial machinery and equipment manufacturing (-4.9%), other manufacturing (-10.2%) and electronic equipment manufacturing (-8.6%). Partly offsetting these price falls were rises in the prices for imported motor vehicle and part manufacturing (+0.2%).

The intermediate (Stage 2) index remained unchanged in the December quarter 2010. Domestically produced items showed a rise of 0.5% offset by a fall of 3.5% in the price of imported items. The domestic component recorded rises in the prices received for electricity, gas and water supply (+2.8%) and basic non-ferrous metal manufacturing (+6.9%). Partly offsetting these price rises were falls in the prices received for coal mining (-4.6%). The imports component decreased due to falls in the prices for industrial machinery and equipment manufacturing (-5.5%), plastic product manufacturing (-12.8%), basic chemical manufacturing (-4.5%) and iron and steel manufacturing (-7.9%). Partly offsetting these price falls were rises in the prices for non-ferrous basic metal product manufacturing (+3.4%).

The increase of 0.1% in the preliminary (Stage 1) index reflected a rise of 0.5% in the price of domestically produced items, partly offset by a fall of 3.1% in the price of imported items. The domestic component recorded rises in the prices received for electricity, gas and water supply (+2.4%), basic non-ferrous metal manufacturing (+6.9%) and oil and gas extraction (+3.6%). Partly offsetting these price rises were falls in the prices received for coal mining (-4.6%). The imports component decreased due to falls in the prices for basic chemical manufacturing (-4.5%), iron and steel manufacturing (-7.7%), industrial machinery and equipment manufacturing (-5.5%) and plastic product manufacturing (-12.8%). Partly offsetting these price falls were rises in the prices for basic non-ferrous metal manufacturing (+4.2%).

COMPARISON OF SOP INDEXES: Base: 1998-99 = 100.0
Graph: COMPARISON OF SOP INDEXES: Base: 1998-99 = 100.0




WHERE TO FIND ADDITIONAL COMMENTARY

Additional commentary for Producer Price Indexes is available in the entry for Producer Price Indexes, Australia (cat. no. 6427.0) on the ABS website <http://www.abs.gov.au>.

The additional commentary includes:
  • Manufacturing industries producer price indexes
      • Materials used in manufacturing industries
      • Articles produced by manufacturing industries
  • Construction industries producer price indexes
      • Materials used in house building
      • Output of the construction industry
  • Service industries producer price indexes


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.