Final demand (excluding exports)
- falls in petroleum refining and petroleum fuel manufacturing (-30.1%), child care services (-36.7%) and other agriculture (-6.4%).
- rises in other transport equipment (+3.6%), computer and electronic equipment (+3.1%) and motor vehicle and motor vehicle part manufacturing (+1.2%).
|Mar Qtr 20 to Jun Qtr 20||Jun Qtr 19 to Jun Qtr 20|
|Final demand||% change||% change|
|Final demand (excl. exports)||-1.2||-0.4|
Index reference period: 2011-12 - 100.0.
Changes in this issue
The June quarter 2020 issue of the Producer Price Indexes will include re-weighted price indexes for:
- 3011 Outputs of house construction
- 3019 Other residential building construction
- 3020 Non-residential construction
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 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.