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6427.0 - Producer Price Indexes, Australia, Sep 2012  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/11/2012   
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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. Conversion factors are available electronically, as data cubes, on the 'downloads' tab of this product.


SEPTEMBER KEY FIGURES

Jun Qtr 12 to Sep Qtr 12
Sep Qtr 11 to Sep Qtr 12
STAGE OF PRODUCTION
% change
% change

Final demand (excl. exports)
0.6
1.1
Domestic
0.9
1.1
Imports
-2.3
0.4
Intermediate demand
0.1
1.5
Domestic
0.6
1.6
Imports
-3.6
0.3
Preliminary demand
-0.2
1.2
Domestic
0.2
1.2
Imports
-4.0
0.6


Stage of Production
Final demand
Graph: Stage of Production^Final demand

Stage of Production
Final Demand,
Quarterly % change
Graph: Stage of Production^Final Demand, Quarterly % change




SEPTEMBER KEY POINTS


FINAL DEMAND (EXCL. EXPORTS)
  • rose 0.6% in the September quarter 2012.
  • mainly due to rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (+10.9%) and other agriculture (+25.1%).
  • partly offset by falls in the prices received for petroleum refining and petroleum fuel manufacturing (-10.0%) and pharmaceutical and medicinal product manufacturing (-7.2%).
  • rose 1.1% through the year to the September quarter 2012.


INTERMEDIATE DEMAND
  • rose 0.1% in the September quarter 2012.
  • mainly due to rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (+6.0%), legal and accounting services (+3.2%) and other agriculture (+6.2%).
  • partly offset by falls in the prices received for oil and gas extraction (-7.8%) and petroleum refining and petroleum fuel manufacturing (-6.5%).
  • rose 1.5% through the year to the September quarter 2012.


PRELIMINARY DEMAND
  • fell 0.2% in the September quarter 2012.
  • mainly due to falls in the prices received for oil and gas extraction (-8.1%), petroleum refining and petroleum fuel manufacturing (-6.1%) and metal ore mining (-3.9%).
  • partly offset by rises in the prices received for electricity supply; gas supply; and water supply, sewerage and drainage services (+5.7%) and legal and accounting services (+2.7%).
  • rose 1.2% through the year to the September quarter 2012.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2012 1 February 2013
March 2013 3 May 2013
June 2013 2 August 2013
September 2013 1 November 2013



CHANGES IN THIS ISSUE

The ABS has introduced a number of changes as a result of the Review of the Producer and International Trade Price Indexes. These changes were announced in the Information Paper: Implementation of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.005), published by the ABS on 28 September 2012. See page 3 for details of the changes.

The price index for the Output of the Construction industries - Class 3011 House Construction for this quarter (September 2012), includes a correction for the under-estimation in the previous quarter's estimate.


CHANGES IN FUTURE ISSUES

As a result of the Review of the Producer and International Trade Price indexes, the ABS will discontinue a number of price indexes, effective from the September quarter 2013 release of this publication. See page 4 for details of the changes.


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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