6457.0 - International Trade Price Indexes, Australia, Mar 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 18/04/2008   
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MARCH KEY FIGURES

Dec Qtr 07 to
Mar Qtr 08
Mar Qtr 07 to
Mar Qtr 08
% change
% change

Import Price Index all groups
2.7
2.2
Food and live animals
5.6
3.3
Beverages and tobacco
1.0
-0.2
Crude materials, inedible, except fuels
6.5
13.6
Mineral fuels, lubricants and related materials
11.0
46.5
Animal and vegetable oils, fats and waxes
17.8
27.2
Chemicals and related products, n.e.c.
1.1
2.7
Manufactured goods classified chiefly by material
0.3
-4.1
Machinery and transport equipment
-0.2
-7.5
Miscellaneous manufactured articles
0.7
-7.2
Commodities and transactions, n.e.c.
15.9
24.0
Export Price Index all groups
3.5
0.1
Food and live animals
15.3
16.1
Beverages and tobacco
2.5
-12.6
Crude materials, inedible, except fuels
0.2
-6.1
Mineral fuels, lubricants and related materials
2.3
6.0
Chemicals and related products, n.e.c.
-1.8
-11.7
Manufactured goods classified chiefly by material
-1.1
-11.2
Machinery and transport equipment
0.0
-4.5
Miscellaneous manufactured articles
-0.7
-8.1


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




MARCH KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index increased by 2.7% in the March quarter 2008, following a 0.2% increase in the December quarter 2007. The increase this quarter was mainly driven by rises in prices paid for petroleum, petroleum products and related materials (+11.0%) and gold, non-monetary (+15.9%). These rises were partly offset by falls in prices paid for machinery specialised for particular industries (-3.3%). Through the year to March quarter 2008, the Import Price Index increased by 2.2%.


EXPORT PRICE INDEX
  • The Export Price Index increased by 3.5% in the March quarter 2008, the first quarterly increase since June quarter 2007. The increase this quarter was mainly driven by rises in prices received for gold, non-monetary (+15.9%), cereals and cereal preparations (+26.9%), meat and meat preparations (+12.6%) and gas, natural and manufactured (+8.1%). These increases were partly offset by falls in prices received for non-ferrous metals (-3.8%) and metalliferous ores and metal scrap (-1.3%). Through the year to March quarter 2008, the Export Price Index increased by 0.1%.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2008 18 July 2008
September 2008 17 October 2008



CHANGES IN THIS ISSUE

There are no changes in this issue.


ROUNDING

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


DATA REFERENCES

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


RELATED STATISTICS

For more information about statistics in this publication contact Lee Taylor on (02) 6252 6251, or email <lee.taylor@abs.gov.au>.


INQUIRIES

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


SUMMARY COMMENTARY


COMMENTARY

Links to Other Sections

To access the "Price Indexes and Contract Price Indexation" data use this link

Price Indexes and Contract Price Indexation