6457.0 - International Trade Price Indexes, Australia, Sep 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 01/11/2018   
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SEPTEMBER KEY FIGURES

Jun Qtr 18 to Sep Qtr 18
Sep Qtr 17 to Sep Qtr 18
% change
% change

Import Price Index all groups
1.9
9.8
Food and live animals
0.9
4.4
Beverages and tobacco
0.8
-2.2
Crude materials, inedible, except fuels
-5.4
5.4
Mineral fuels, lubricants and related materials
4.6
46.9
Animal and vegetable oils, fats and waxes
-3.8
-4.4
Chemicals and related products, n.e.s.
1.5
5.9
Manufactured goods classified chiefly by material
3.9
9.7
Machinery and transport equipment
1.1
4.3
Miscellaneous manufactured articles
2.1
4.3
Commodities and transactions, n.e.s.
-3.8
2.5
Export Price Index all groups
3.7
14.0
Food and live animals
3.7
7.6
Beverages and tobacco
3.9
4.3
Crude materials, inedible, except fuels
3.3
8.7
Mineral fuels, lubricants and related materials
7.2
30.1
Animal and vegetable oils, fats and waxes
4.7
7.3
Chemicals and related products, n.e.s.
0.2
16.1
Manufactured goods classified chiefly by material
-1.3
14.8
Machinery and transport equipment
1.1
0.5
Miscellaneous manufactured articles
1.7
3.7
Commodities and transactions, n.e.s.
-2.8
2.9

IMPORT PRICE INDEX: all groups, Quarterly % change
Graph: IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX: all groups, Quarterly % change
Graph: EXPORT PRICE INDEX: all groups, Quarterly % change



SEPTEMBER KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index rose 1.9% in the September quarter 2018. This follows a rise in the June quarter 2018 of 3.2%.
  • The main contributors to the rise are higher prices for Petroleum, petroleum products and related materials (+5.1%), Manufactures of metals (+8.3%), Office machines and automatic data-processing machines (+3.3%), Miscellaneous manufactured articles (+2.5%), and Articles of apparel and clothing (+3.1%).
  • Through the year to the September quarter 2018, the Import Price Index rose 9.8%. The main contributor to the rise is Petroleum, petroleum products and related materials (+48.3%).


EXPORT PRICE INDEX
  • The Export Price Index rose 3.7% in the September quarter 2018. This follows a rise in the June quarter 2018 of 1.9%.
  • The main contributors to the rise are higher prices for Gas, natural and manufactured (+12.9%), Metalliferous ores and metal scrap (+3.6%), Coal, coke and briquettes (+4.0%), Cereals and cereal preparations (+12.9%), and Petroleum, petroleum products and related materials (+6.5%).
  • Through the year to the September quarter 2018, the Export Price Index rose 14.0%. The main contributors to the rise are Gas, natural and manufactured (+39.8%) and Coal, coke and briquettes (+21.9%).


EXCHANGE RATE
  • The depreciation of the Australian dollar against the United States dollar had an upward effect on import and export prices in the September quarter 2018.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2018 31 January 2019
March 2019 26 April 2019
June 2019 1 August 2019
September 2019 31 October 2019


CHANGES IN THIS ISSUE

The Import Price Index and the Export Price Index have been reweighted for the September quarter 2018. These indexes are annually reweighted each September quarter, using import and export values. A detailed explanation of the reweighting methodology and data sources is available in paragraphs 8-10 of the Explanatory Notes. The new weighting patterns are provided in the Appendix of this issue. As a consequence of the annual reweighting, the points contribution data for the June quarter 2018 shown in Tables 2, 8 and 17 have been updated from that published in the previous issue of this publication.


ROUNDING

Any discrepancies between totals and sums of components in this publication are due to rounding.


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INQUIRIES

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