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

Final demand (excluding exports) rose 0.4% this quarter, due to:

  • Petroleum refining and petroleum fuel manufacturing (+11.7%), Other transport equipment manufacturing (+5.3%) and Heavy and civil engineering construction (+0.5%).
  • Offsetting contributors were Other agriculture (-7.7%), Electricity supply; gas supply; and water supply, sewerage and drainage services (-1.0%) and Fishing (-13.1%).
  • Rose 2.0% over the last twelve months.


Intermediate demand remained unchanged this quarter, due to:
  • Petroleum refining and petroleum fuel manufacturing (+6.3%), Oil and gas extraction (+6.3%) and Other transport equipment manufacturing (+2.2%).
  • Offsetting contributors were Electricity supply; gas supply; and water supply, sewerage and drainage services (-3.4%), Real estate services (-2.4%) and Coal mining (-7.8%).
  • Rose 1.6% over the last twelve months.


Preliminary demand rose 0.2% this quarter, due to:
  • Petroleum refining and petroleum fuel manufacturing (+6.7%), Metal ore mining (+13.2%) and Oil and gas extraction (+6.1%).
  • Offsetting contributors were Electricity supply; gas supply; and water supply, sewerage and drainage services (-3.5%), Coal mining (-7.8%) and Real estate services (-1.4%).
  • Rose 2.0% over the last twelve months.


Key figures
Mar Qtr 19 to Jun Qtr 19
Jun Qtr 18 to Jun Qtr 19
Stage of production
% change
% change

Final demand (excl. exports)
0.4
2.0
Domestic
0.3
1.7
Imports
1.4
3.8
Intermediate demand
0.0
1.6
Domestic
0.0
1.5
Imports
0.4
2.3
Preliminary demand
0.2
2.0
Domestic
0.1
1.9
Imports
0.5
2.8



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


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


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.

For any questions or feedback relating to this change, please contact prices.statistics@abs.gov.au. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us.


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 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.