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6457.0 - International Trade Price Indexes, Australia, Sep 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/10/2011   
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SEPTEMBER KEY FIGURES

Jun Qtr 11 to Sep Qtr 11
Sep Qtr 10 to Sep Qtr 11
% change
% change

Import Price Index all groups
0.0
-1.7
Food and live animals
1.1
-1.9
Beverages and tobacco
-2.0
-4.7
Crude materials, inedible, except fuels
-0.9
0.6
Mineral fuels, lubricants and related materials
-2.7
21.5
Animal and vegetable oils, fats and waxes
-2.8
17.6
Chemicals and related products, n.e.s.
-0.1
-2.4
Manufactured goods classified chiefly by material
1.3
-4.1
Machinery and transport equipment
-0.4
-8.3
Miscellaneous manufactured articles
1.4
-8.5
Commodities and transactions, n.e.s.
14.3
20.0
Export Price Index all groups
4.0
6.6
Food and live animals
-1.1
9.1
Beverages and tobacco
3.0
-6.5
Crude materials, inedible, except fuels
0.6
2.8
Mineral fuels, lubricants and related materials
10.0
12.9
Animal and vegetable oils, fats and waxes
-1.6
10.3
Chemicals and related products, n.e.s.
1.3
3.4
Manufactured goods classified chiefly by material
-0.6
2.3
Machinery and transport equipment
1.5
-6.4
Miscellaneous manufactured articles
0.1
-6.3
Commodities and transactions, n.e.s.
13.8
19.3


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 KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index recorded no change in the September quarter 2011. Through the year to the September quarter 2011, the Import Price Index fell 1.7%.


EXPORT PRICE INDEX
  • The Export Price Index rose 4.0% in the September quarter 2011. Through the year to the September quarter 2011, the Export Price Index rose 6.6%.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2011 20 January 2012
March 2012 20 April 2012
June 2012 20 July 2012
September 2012 19 October 2012



REVIEW OF THE PRODUCER AND INTERNATIONAL TRADE PRICE INDEXES

The ABS is currently undertaking a major review of the Producer and International Trade Price Indexes. An Information Paper: Review of the Producer and International Trade Price Indexes, 2011 (cat. no. 6427.0.55.003) was released on 2 September 2011. Although written submissions closed on 14 October 2011, general inquiries and comments may still be lodged with the contact person, Mr Michael Abbondante on +61 2 62527124 or email ppi.review@abs.gov.au.


CHANGES IN THIS ISSUE

Both the Import Price Index and the Export Price Index data have been reweighted for the September quarter 2011. 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 as an Appendix to this issue. As a consequence of the annual reweighting, the points contribution data for the June quarter 2011 shown in Tables 2, 8 and 17 differ from that published in the previous issue of 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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