6427.0 - Producer Price Indexes, Australia, Jun 2015 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/2015
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JUNE KEY POINTS
FINAL DEMAND (EXCL. EXPORTS)
The Australian Producer Price Indexes (PPIs) measure the change in the prices of products (goods and services) as they leave the place of production or as they enter the production process. The Australian Government repealed carbon pricing effective from 1 July 2014. It is not possible to quantify the impact of removing the carbon price on the price change measured by the PPI.
In the Information paper: Outcome of the Review of the Producer and International Trade Price Indexes, 2012 (cat. no. 6427.0.55.004) the ABS undertook to release an updated Producer and International Trade Price Indexes: Concepts, Sources and Methods (cat. no. 6429.0) publication. This was released on 20 August 2014.
The ABS has published the quarterly Producer Price Index for the Output of the Retail Trade Industry (RTPI) from 25 February 2014. The RTPI will be released as an additional update of the Producer Price Index, Australia publication (cat. no. 6427.0). The RTPI will be released in electronic format as a data cube on the ABS website on the 25 August, 2015.
CHANGES IN FUTURE ISSUES
From the September quarter 2015, index numbers for the Stage of Production, Input to the Manufacturing industries, Output of the Manufacturing industries and Output of the Services industries indexes have been calculated using an updated weighting pattern. The updated weighting pattern is derived using data from the Australian National Accounts: Input–Output Tables – Electronic Publication, 2012-13 Final (cat. no. 5209.0.55.001). As a consequence of the re-weighting, the points contributions for the September quarter 2015 will not be comparable with points contributions from earlier periods.
Any discrepancies between totals and sums of components are due to rounding.
Data referenced in the Key Points and Commentary are available from the tables shown in this publication, or in the corresponding tables of this publication on the ABS website <https://www.abs.gov.au>.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
Links to Other Parts of This Release
To access the "Commentary" page use this link
To access the "Price Indexes and Contract Price Indexation" page use this link
Price Indexes and Contract Price Indexation
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