Producer Price Indexes, Australia

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Contains a range of producer price indexes in the Australian economy, comprising mining, manufacturing, construction and services industries.

Reference period
June 2022
Released
29/07/2022

Key statistics

Final demand (excluding exports)

  • Rose 1.4% this quarter.
  • Rose 5.6% over the past twelve months.

What are the Producer Price Indexes (PPIs)?

What is Final Demand?

A review of the Construction PPIs will be undertaken in the September quarter 2022, consisting of an update of the weights for Other residential building construction and Non-residential construction.

Quarterly overview

 Mar Qtr 22 to Jun Qtr 22Jun Qtr 21 to Jun Qtr 22
Final demand

% change

% change

Final demand (excl. exports)1.45.6

Index reference period: 2011-12 - 100.0.

The main contributors to quarterly growth in Final demand were:

  • Output of building construction (+3.9%), driven by continuing supply constraints for timber and metals, high freight costs and labour shortages.
  • Petroleum refining and petroleum fuel manufacturing (+31.5%) due to a decrease in global crude oil supplies and increased demand in response to easing COVID19 restrictions.
  • Heavy and civil engineering construction (+2.8%), due to increases in diesel and material prices coupled with skilled trade shortages and high freight costs.

The annual rise of 5.6% in Final demand to June 2022 is the strongest increase since December 2008.

Rounding

Any discrepancies between totals and sums of components in this publication are due to rounding.

Construction

Input to the house construction industry

Output of the construction industry

Mining industries

Input to the coal mining industry

Output of the mining industry

Manufacturing

Input to the manufacturing industry

Output of the manufacturing industry

Services

Output of the services industries

Data downloads

Data files
Data files

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

For more information about Data Explorer, see the Data Explorer user guide.

Final demand

Construction

Mining industries

Manufacturing

Previous catalogue number

This release previously used catalogue number 6427.0.

Using price indexes

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.

Changes in this release

There have been no changes to this quarter's release 

See the full history of changes.

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.

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