|Page tools: Print Page Print All|
Through the year to the December quarter 2014, the Import Price Index rose 0.3%. The rise was driven mainly by rises in the prices paid for furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings (+10.2%), fertilisers (other than those of group 272) (+17.8%); footwear (+8.3%); travel goods, handbags and similar containers (+8.3%) and feeding stuff for animals (not including unmilled cereals) (+10.7%). Partly offsetting these through the year rises were falls in the price paid for petroleum, petroleum products and related materials (–16.5%) and general industrial machinery and equipment, n.e.s., and machine parts, n.e.s. (–2.3%).
EXPORT PRICE INDEX
The Export Price Index was unchanged in the December quarter 2014, following a 3.9% fall in September 2014. Over the quarter, depreciation in the value of the Australian dollar had a considerable upward impact on the prices received for all of Australia’s major exported products. Commodities contributing significant price rises to the index this quarter were meat & meat preparations (+14.6%); gas, natural & manufactured (+7.2%); coal, coke and briquettes (+3.8%) and non-ferrous metals (+2.9%). The most significant price falls were reported for exports of metalliferous ores and metal scrap (–5.3%); petroleum, petroleum products and related materials (–15.5%) and dairy products and eggs (-16.8%).
Through the year to the December quarter 2014, the Export Price Index fell 9.1%. This fall was driven by falls in the prices received for metalliferous ores and metal scrap (–29.2%); coal, coke and briquettes (–13.6%) and petroleum, petroleum products and related materials (–19.0%). Partly offsetting these through the year falls were rises in the prices received for gas, natural and manufactured (+32.4); meat and meat preparations (+35.5%); non-ferrous metals (+17.0%); Telecommunications equipment (+16.2%); and Live animals (+28.0%).
Major Export Products
Australia's major export products based on contribution are;
These documents will be presented in a new window.