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
September 2021
Released
29/10/2021

Key statistics

Final demand (excluding exports)

  • Rose 1.1% this quarter.
  • Rose 2.9% over the past twelve months.

What are the Producer Price Indexes (PPIs)?

What is Final Demand?

Quarterly overview

 Jun Qtr 21 to Sep Qtr 21Sep Qtr 20 to Sep Qtr 21
Final demand

% change

% change

Final demand (excl. exports)1.12.9

Index reference period: 2011-12 - 100.0.

The main contributors to quarterly growth in Final demand were:

  • Heavy and civil engineering construction (+2.1%), due to rises in wages and materials supported by increased public sector investment stimulus.
  • Output of building construction (+2.2%), due to builders continuing to pass through increases in material and trade prices, supported by continued strong demand for housing.
  • Petroleum refining and petroleum fuel manufacturing (+11.8%), due to rising global crude oil demand and delays in OPEC+ oil agreement to raise production.

Offsetting the rise were price falls in:

  • Accommodation services (-5.5%), due to decreased domestic travel demand, resulting from COVID-19 restrictions and border closures throughout the quarter.

The annual rise of 2.9% in Final demand to September 2021 is the strongest increase since December 2011.

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

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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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