6427.0.55.009 - Information Paper: Update on the Development of an Oil and Gas Extraction Producer Price Index, June 2016  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 23/06/2016  First Issue
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PREFACE

The Australian Bureau of Statistics (ABS) released Information Paper: Developments in Producer Prices Indexes for Natural Gas, Dec 2015 (ABS cat. no. 6427.0.55.008) on 16 December 2015 to:

    1. Provide an overview of price statistics currently published by the ABS relevant to the natural gas industry; and
    2. Outline a proposal to enhance price statistics relating to natural gas, including the development of a new output producer price index (PPI).

The ABS sought feedback on the proposal to enhance natural gas price statistics. This information paper provides a response to this feedback, and an update on the progress of this proposal.