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6427.0 - Producer Price Indexes, Australia, Mar 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 02/05/2014   
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MARCH KEY FIGURES

Dec Qtr 13 to Mar Qtr 14
Mar Qtr 13 to Mar Qtr 14
STAGE OF PRODUCTION
% change
% change

Final demand (excl. exports)
0.9
2.5
Domestic
0.7
1.9
Imports
2.7
8.4
Intermediate demand
1.2
3.3
Domestic
0.9
2.4
Imports
2.8
10.0
Preliminary demand
1.5
3.5
Domestic
1.1
2.7
Imports
3.3
9.1


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




MARCH KEY POINTS


FINAL DEMAND (EXCL. EXPORTS)
  • rose 0.9% in the March quarter 2014.
  • mainly due to rises in the prices received for petroleum refining and petroleum fuel manufacturing (+7.6%), other agriculture (+7.8%) and bakery product manufacturing (+7.7%).
  • partly offset by falls in the prices received for pharmaceutical and medicinal product manufacturing (-4.6%).
  • rose 2.5% through the year to the March quarter 2014.


INTERMEDIATE DEMAND
  • rose 1.2% in the March quarter 2014.
  • mainly due to rises in the prices received for petroleum refining and petroleum fuel manufacturing (+6.2%), oil and gas extraction (+3.4%) and sheep, beef cattle and grain farming; and dairy cattle farming (+5.7%).
  • partly offset by falls in the prices received for basic ferrous metal product manufacturing (-4.1%).
  • rose 3.3% through the year to the March quarter 2014.


PRELIMINARY DEMAND
  • rose 1.5% in the March quarter 2014.
  • mainly due to rises in the prices received for petroleum refining and petroleum fuel manufacturing (+6.9%), oil and gas extraction (+3.3%) and sheep, beef cattle and grain farming; and dairy cattle farming (+4.8%).
  • partly offset by falls in the prices received for other non-metallic mineral mining and quarrying (-2.8%).
  • rose 3.5% through the year to the March quarter 2014.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2014 Update27 May 2014
June 2014 1 August 2014
June 2014 Update26 August 2014
September 2014 31 October 2014
September 2014 Update25 November 2014
December 2014 30 January 2015



ADDITIONAL INFORMATION

In the Information Paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004) the ABS undertook to release an updated Producer and International Trade Price Indexes: Concepts, Sources and Methods (cat. no. 6429.0) publication. This will be released on 20 August 2014.

The ABS will publish the quarterly Producer Price Index for the Output of the Retail Trade Industry (RTPI) on 27 May 2014. The RTPI will be released as an additional update of the Producer Price Index, Australia publication (cat. no. 6427.0). The RTPI will be released in electronic format as a data cube on the ABS website <http://www.abs.gov.au>.


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.


SUMMARY COMMENTARY


COMMENTARY

Links to Other Parts of This Release

To access the "Commentary" page use this link

Commentary

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

Price Indexes and Contract Price Indexation


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Commonwealth of Australia 2014

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