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1301.0 - Year Book Australia, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
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Contents >> Manufacturing >> Price indexes

The ABS compiles two price indexes relating to the manufacturing industry - the Price Index of Materials Used in Manufacturing Industries, and the Price Index of Articles Produced by Manufacturing Industries. These indexes measure movements in the prices of materials used, and articles produced, by establishments classified to the Manufacturing Division of ANZSIC (1993 edition). The Price Index of Materials Used in Manufacturing Industries consists of two broad components, materials used in manufacturing that are sourced domestically and materials used in manufacturing that are imported and these contribute approximately 65% and 35%, respectively, to the total index. More information on the concepts underlying these indexes and other price indexes produced by the ABS is provided in Chapter 28 Prices.

Tables 18.24 and 18.25 set out index numbers for selected components of the two price indexes.

The Price Index of Materials Used in Manufacturing increased by 25% between 1998-99 and 2000-01, then fell in 2002-03 and 2003-04. The decline of 0.4% in 2002-03 was the result of the fall in the price of imported materials (3.8%) partly offset by an increase in the price of domestic materials (1.9%). In 2003-04 the price of imported materials fell 8.1% while the price of domestic materials fell 1.9% giving an overall decline of 4.5%. The main reason for the large falls in the price of imported materials over this period was the appreciation of the Australian dollar against most major currencies which has a downward impact on the price of imported materials.


18.24 PRICE INDEXES(a)(b), Materials used in manufacturing industries

Industry
1998-99
1999-2000
2000-01
2001-02
2002-03
2003-04

Food, beverages and tobacco
110.5
110.8
121.0
137.8
136.0
136.5
Textiles and textile products
94.0
91.6
102.3
106.9
110.3
100.5
Knitting mills and clothing
106.4
102.6
106.5
109.2
107.6
103.2
Footwear
110.3
107.4
120.3
130.3
130.6
124.1
Leather and leather products
93.5
97.8
107.2
102.7
100.3
86.0
Log sawmilling and other wood products
119.8
123.0
132.8
136.1
130.0
125.2
Paper and paper products
97.6
99.8
110.0
109.7
104.8
103.1
Printing, publishing and recorded media
108.1
107.7
116.5
119.3
116.9
110.3
Petroleum and coal products
94.4
157.8
217.7
175.9
188.3
164.0
Chemicals
111.4
114.0
126.3
121.0
118.3
116.9
Rubber and plastics
110.1
110.8
123.9
121.6
123.5
117.5
Non-metallic mineral products
111.3
110.7
111.5
115.4
123.1
128.8
Basic metal products
91.7
92.5
101.7
106.0
104.6
102.0
Fabricated metal products
106.2
106.1
111.7
110.6
111.0
114.0
Transport equipment and parts
116.8
120.5
125.2
124.6
124.8
120.4
Electronic equipment and other machinery
103.7
103.4
108.0
107.2
107.5
107.1
Other manufacturing
115.3
118.8
125.6
124.4
124.0
120.9
All materials
105.9
115.8
132.4
132.4
131.9
125.9

(a) Reference base of index: 1989-90 = 100.0.
(b) The index is on a net basis and relates in concept only to transactions in materials used in the industry that are produced from other industries or from overseas.

Source: Producer Price Indexes, Australia (6427.0).

18.25 PRICE INDEXES(a)(b), Articles produced in manufacturing industries

Industry
1998-99
1999-2000
2000-01
2001-02
2002-03
2003-04

Food, beverages and tobacco
122.6
125.1
131.4
139.9
139.9
139.9
Textiles and textile products
102.9
103.8
108.6
111.8
120.3
116.7
Knitting mills, clothing, footwear and leather
117.9
119.5
120.7
122.3
124.8
124.2
Log sawmilling and other wood products
121.0
126.0
130.7
132.4
135.1
139.1
Paper and paper products
110.4
111.3
114.9
115.9
117.9
117.8
Printing, publishing and recorded media
143.6
148.9
152.4
155.5
155.2
155.7
Petroleum and coal products
86.8
137.5
190.2
158.5
172.6
173.3
Chemicals
110.8
111.8
115.8
113.9
115.1
114.5
Rubber and plastics
114.0
114.9
119.1
123.9
124.5
124.7
Non-metallic mineral products
117.1
117.5
117.8
118.7
125.8
129.2
Basic metal products
98.7
104.8
115.4
107.9
104.8
106.7
Fabricated metal products
113.6
115.2
116.7
118.6
122.2
125.3
Transport equipment and parts
117.8
119.6
124.1
128.5
129.4
127.0
Electronic equipment and other machinery
109.1
109.9
112.3
114.2
113.8
113.1
Other manufacturing
121.4
123.9
128.8
131.0
127.9
127.8
All articles
115.6
120.6
128.5
128.8
130.3
130.4

(a) Reference base of index: 1989-90 = 100.0.
(b) The index is on a net basis and relates in concept only to transactions in articles produced that are sold outside the Australian manufacturing industry.

Source: Producer Price Indexes, Australia (6427.0).


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