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6457.0 - International Trade Price Indexes, Australia, Jun 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 22/07/2005   
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JUNE QUARTER KEY FIGURES

Mar Qtr 05 to Jun Qtr 05
Jun Qtr 04 to Jun Qtr 05
% change
% change

Import Price Index all groups
1.7
-0.1
Food and live animals
4.7
5.5
Beverages and tobacco
4.0
-2.6
Crude materials
3.1
4.0
Mineral fuels, etc.
21.5
33.7
Animal and vegetable oils, etc.
4.4
5.4
Chemicals and related products
1.6
2.1
Manufactured goods by material
0.1
2.1
Machinery and transport equipment
-1.0
-6.3
Miscellaneous manufactured articles
-0.3
-2.7
Commodities and transactions n.e.s.
1.3
1.0
Export Price Index all groups
9.3
14.4
Food and live animals
1.2
3.7
Beverages and tobacco
1.8
0.2
Crude materials
16.6
21.1
Mineral fuels, etc.
22.5
39.3
Chemicals and related products
5.5
5.7
Manufactured goods by material
3.7
12.1
Machinery and transport equipment
1.7
-0.6
Miscellaneous manufactured articles
1.0
-0.4

Graph: Import Price Index all groups, Quarterly % change
Graph: Export Price Index all groups, Quarterly % change



JUNE QUARTER KEY POINTS

IMPORT PRICE INDEX

  • The Import Price Index increased by 1.7% in the June quarter 2005, with crude and other petroleum oils being the main contributors to the increase. The most significant offsetting price decreases were observed for imports of motor vehicles.


EXPORT PRICE INDEX
  • The Export Price Index increased by 9.3% in the June quarter 2005, which is the largest increase since the current series began in September quarter 1974. The annual movement of 14.4% for the year ending June quarter 2005 was the largest annual movement since the year ending March quarter 2001. The June quarter 2005 increase was driven by price increases for materials primarily used in steel making (coking coal, and both iron and manganese ores) and materials used for power generation (thermal coal and crude petroleum oils). The most significant offsetting price decrease was observed for exports of fresh beef.


NOTES

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.

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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