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MARCH KEY FIGURES

	Dec Qtr 16 to Mar Qtr 17	Mar Qtr 16 to Mar Qtr 17
	% change	% change
Import Price Index all groups	1.2	-0.6
Food and live animals	2.2	-2.9
Beverages and tobacco	3.0	0.4
Crude materials, inedible, except fuels	6.1	13.8
Mineral fuels, lubricants and related materials	9.2	36.2
Animal and vegetable oils, fats and waxes	6.2	12.7
Chemicals and related products, n.e.s.	1.9	-2.7
Manufactured goods classified chiefly by material	0.2	-4.1
Machinery and transport equipment	-0.9	-4.8
Miscellaneous manufactured articles	0.3	-5.2
Commodities and transactions, n.e.s.	-1.0	-1.9
Export Price Index all groups	9.4	29.1
Food and live animals	-0.4	-0.7
Beverages and tobacco	-0.4	-8.4
Crude materials, inedible, except fuels	17.1	44.4
Mineral fuels, lubricants and related materials	11.0	59.2
Animal and vegetable oils, fats and waxes	-3.9	10.1
Chemicals and related products, n.e.s.	3.1	2.2
Manufactured goods classified chiefly by material	9.7	20.4
Machinery and transport equipment	-0.3	-0.3
Miscellaneous manufactured articles	-0.1	-2.6
Commodities and transactions, n.e.s.	0.0	0.5

IMPORT PRICE INDEX: all groups, Quarterly % change

EXPORT PRICE INDEX: all groups, Quarterly % change

• The Import Price Index rose 1.2% in the March quarter 2017. This follows the rise in the December quarter 2016 of 0.2%.
• The rise was driven by higher prices received for Mineral fuels, lubricants, and related materials (+9.2%) and Chemical and related products, n.e.s. (+1.9%). Offsetting these price rises were falls in Machinery and transport equipment (-0.9%) and Commodities and transactions, n.e.s. (e.g. non-monetary gold) (-1.0%).
• Through the year to the March quarter 2017, the Import Price Index fell 0.6%, driven by Machinery and transport equipment (-4.8%).

• The Export Price Index rose 9.4% in the March quarter 2017. This follows the rise in the December quarter 2016 of 12.4%, which was the largest rise since June quarter 2010.
• The rise was driven by higher prices received for Crude materials, inedible, except fuels (+17.1%) and Mineral fuels, lubricants, and related materials (+11.0%). Offsetting these price rises was a fall in Food and live animals (-0.4%).
• Through the year to the March quarter 2017, the Export Price Index rose 29.1%. The largest annual rise in the index since March quarter 2009.

• The appreciation of the Australian dollar against major trading currencies had a downward effect on import and export prices in the March quarter 2017.