6457.0 - International Trade Price Indexes, Australia, Sep 2009
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/10/2009
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SEPTEMBER KEY POINTS
IMPORT PRICE INDEX
EXPORT PRICE INDEX
CHANGES IN THIS ISSUE
When prices of export commodities are volatile, the export price index in this publication and the export implicit price deflator in the national accounts and the balance of payments can diverge significantly. An explanation of the difference between these two measures is outlined in paragraph 17 of the Explanatory Notes.
Both the Import Price Index and the Export Price Index have been reweighted in the September quarter 2009. This is in line with the ABS policy of reweighting these indexes annually in the September quarter, as explained in paragraphs 8-10 of the Explanatory Notes. The new weighting patterns are provided in an Appendix to this issue.
As a consequence of the annual reweighting, the points contribution data for June quarter 2009 shown in Tables 2, 8 and 17 differ from that published in the previous issue of this publication.
As foreshadowed in the June quarter 2009 issue, the content and format of Tables 14, 15, 17 and 19 (available on the ABS website <https://www.abs.gov.au>) have changed from September quarter 2009 to reflect the contemporary industrial classification (ANZSIC 2006). Further information can be found in the Appendix to the March quarter 2009 issue of this publication, as well as in Information Paper: Update on ANZSIC 2006 Implementation for Producer and International Trade Price Indexes, Australia, 2009 (cat. no. 6427.0.55.002).
Any discrepancies between totals and sums of components are due to rounding.
Data referenced in the Key points 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 or Lee Taylor on Canberra (02) 6252 6251.
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