6427.0 - Producer Price Indexes, Australia, Jun 2019 Quality Declaration
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 02/08/2019
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June key statistics
Intermediate demand remained unchanged this quarter, due to:
Preliminary demand rose 0.2% this quarter, due to:
Stage of Production Final Demand
Stage of Production Final Demand, Quarterly % change
Changes in future issues
From the September 2019 quarter, the Producer Price Indexes, Australia (cat. no. 6427.0) publication will cease publishing 1811 Industrial gas manufacturing in Table 12 Output of the manufacturing industries, division, subdivision, group and class index numbers.
Any discrepancies between totals and sums of components in this publication are due to rounding.
Use of Price Indexes in Contracts
Price indexes published by the Australian Bureau of Statistics (ABS) provide summary measures of the movements in various categories of prices over time. They are published primarily for use in Government economic analysis. Price indexes are also often used in contracts by businesses and government to adjust payments and/or charges to take account of changes in categories of prices (Indexation Clauses).
Use of Price Indexes in Contracts sets out a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS published price index.
The ABS has published the quarterly Producer Price Index for the Output of the Retail Trade Price Index (RTPI) from 25 February 2014. The RTPI is released as an additional update of the Producer Price Indexes, Australia publication (ABS cat. no. 6427.0). The RTPI will be released in electronic format as a data cube on the ABS website on 27 August 2019.
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