6457.0 - International Trade Price Indexes, Australia, Dec 2017 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/02/2018   
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DECEMBER KEY FIGURES

Sep Qtr 17 to Dec Qtr 17
Dec Qtr 16 to Dec Qtr 17
% change
% change

Import Price Index all groups
2.0
1.4
Food and live animals
0.0
0.3
Beverages and tobacco
-0.4
0.5
Crude materials, inedible, except fuels
9.4
16.3
Mineral fuels, lubricants and related materials
11.5
15.0
Animal and vegetable oils, fats and waxes
-1.3
7.1
Chemicals and related products, n.e.s.
3.1
6.0
Manufactured goods classified chiefly by material
0.1
0.6
Machinery and transport equipment
0.2
-3.3
Miscellaneous manufactured articles
0.3
0.5
Commodities and transactions, n.e.s.
2.5
2.1
Export Price Index all groups
2.8
2.4
Food and live animals
-0.3
-1.2
Beverages and tobacco
-0.5
10.8
Crude materials, inedible, except fuels
0.4
0.9
Mineral fuels, lubricants and related materials
7.1
4.0
Animal and vegetable oils, fats and waxes
1.4
-29.6
Chemicals and related products, n.e.s.
5.6
4.2
Manufactured goods classified chiefly by material
7.4
17.8
Machinery and transport equipment
0.5
-2.8
Miscellaneous manufactured articles
-2.2
-4.3
Commodities and transactions, n.e.s.
2.3
2.4


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




DECEMBER KEY POINTS


IMPORT PRICE INDEX
  • The Import Price Index rose 2.0% in the December quarter 2017. This follows a fall in the September quarter 2017 of 1.6%.
  • The rise was driven by higher prices paid for Petroleum, petroleum products and related materials (+14.0%), Fertilizers (excluding crude) (+23.1%), Inorganic Chemicals (+13.1%) and Organic Chemicals (+10.0%).
  • Through the year to the December quarter 2017, the Import Price Index rose 1.4%, driven by Petroleum, petroleum products and related materials (+17.0%).


EXPORT PRICE INDEX
  • The Export Price Index rose 2.8% in the December quarter 2017. This follows a fall in the September quarter 2017 of 3.0%.
  • The rise was driven by higher prices received for Coal, coke and briquettes (+9.0%), Petroleum, petroleum products and related materials (+19.7%), Non-ferrous metals (+9.8%), Cereals and cereal preparations (+7.3%) and Gold, non monetary (+2.5%).
  • Through the year to the December quarter 2017, the Export Price Index rose 2.4%, driven by Non-ferrous metals (+18.3%).


EXCHANGE RATE
  • The depreciation of the Australian dollar against the United States dollar had an upward effect on import and export prices in the December quarter 2017.


NOTES

FORTHCOMING ISSUES

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



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