6427.0 - Producer Price Indexes, Australia, Mar 2020 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 01/05/2020   
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Key statistics

Final demand (excluding exports)

    • rose 0.2% this quarter
    • rose 1.3% over the 12 months to March 2020 quarter
    • rises in other agriculture (+11.2%), tertiary education (+1.6%) and electricity supply; gas supply; and water supply, sewerage and drainage services (+1.1%)
    • falls in petroleum refining and petroleum fuel manufacturing (-14.1%) and accommodation (-5.6%).

Key figures
Dec 19 Qtr to Mar 20 Qtr
Mar 19 Qtr to Mar 20 Qtr
Final demand
% change
% change

Final demand (excl. exports)
0.2
1.3



Final Demand
Graph: This graph shows the level of the Stage of Production Final Demand series.


Final Demand, Quarterly % change
Graph: This graph shows the quarterly movements for the Stage of Production, Final Demand series


Changes in this issue

The March quarter 2020 issue of the Producer Price Indexes includes re-weighted price indexes for:
  • 3101 Road and bridge construction.
  • 3109 Other heavy and civil engineering construction.


Rounding

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.


Additional information

The compilation of the quarterly Producer Price Index for the Output of the Retail Trade Industry, normally released as an additional update of the Producer Price Indexes, Australia (ABS cat. No. 6427.0), has been paused indefinitely as a result of changing priorities within the ABS as a result of the COVID-19 pandemic.

The Retail Trade Margins Survey, which collects data for this index was paused after despatch and every effort was made to contact respondents to inform them that the data was no longer required. The response rate for the March 2020 quarter of the Retail Trade Margin Survey was 2.6%.


New ABS website

The ABS will be launching a new website in 2020. You will soon be able to see how this release will appear on the new website by exploring our Beta site. Regular users of this information are encouraged to explore the Beta site and consider if this will affect the way you access and consume ABS data and information. If you would like more information on the new ABS website, or want to discuss how the transition to the new site might impact you, please email newABSwebsite@abs.gov.au.