Australia - Producer Price Index (PPI)





Australia: Producer Price Index (PPI)

Mnemonic PPI.IAUS
Unit Index FY 2012=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 0.94 %
Data 2023 Q4 128.2
2023 Q3 127

Series Information

Source Australian Bureau of Statistics (ABS)
Release Producer Price Index
Frequency Quarterly
Start Date 9/30/1998
End Date 12/31/2023

Australia: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) 2023 Q4 136.1 135.3 Index FY 2012=100, NSA Quarterly
Producer Price Index (PPI) 2023 Q4 128.2 127 Index FY 2012=100, NSA Quarterly

Release Information

This publication contains a range of producer price indexes. Producer price indexes can be constructed as either output measures or input measures. Output indexes measure changes in the prices of sales by a defined sector of the economy while input indexes measure changes in the prices of purchases by a particular economic sector. Index numbers for the recently established producer price indexes, i.e. stage of production and the service industry and construction industry output indexes, are calculated on the reference base year.

Active:

  • Classification: ANZSIC 2006
  • Measurement: Fixed-base index relative to fiscal year 2012 (Index FY 2012=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: As early as 1966Q3
  • Geo coverage:
    • Country
    • Aggregate of six capital cities (IAUS_CAP6)

Predecessors:

  • FY 2012=100 - 1998Q3 to 2019Q3(no archive specifier)
  • FY 1990=100 - {1970Q1, 1983Q1} to 2012Q3 (no archive specifier)

The source writes (outdated):

The complete suite of producer price indexes are calculated on an index reference period of 2011-12 = 100.0. Prior to the September quarter 2012, indexes were referenced to one of three different index reference periods (1989-90 = 100.0, 1998-99 = 100.0, 2001-02 = 100.0) making it difficult for users to compare index series. Re-referencing all indexes to the same period was implemented in the September quarter 2012. This simplifies comparison of price movements between indexes. As a result of this change, period-to-period percentage changes may differ slightly to those previously published due to rounding. These differences do not constitute a revision.

Index numbers are released as final figures at the time they are first published. Revisions will only occur in exceptional circumstances.

The IAUS_CAP6 geo aggregate consists of: Adelaide, Brisbane, Hobart, Melbourne, Perth and Sydney.

Further reading

At the source:

At IMF (SDDS):