Turf QLD Industry Alert |ABS Producer Price Indexes, Australia, Mar 2016

ABS Producer Price Indexes, Australia, Mar 2016

MARCH KEY POINTS

FINAL DEMAND (EXCL. EXPORTS)

fell 0.2% in the March quarter 2016.
mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-16.2%), other agriculture (-6.5%) and pharmaceutical and medicinal product manufacturing (-3.0%).
partly offset by rises in the prices received for motor vehicle and motor vehicle part manufacturing (+1.4%), newspaper, periodical, book and directory publishing (+4.9%) and building construction (+0.2%).
rose 1.2% through the year to the March quarter 2016.

INTERMEDIATE DEMAND

fell 0.4% in the March quarter 2016.
mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-21.4%), oil and gas extraction (-17.2%) and basic polymer manufacturing (-7.3%).
partly offset by rises in the prices received for other agriculture (+2.0%), real estate services (+1.5%) and textile, leather, clothing and footwear manufacturing (+0.5%).
rose 0.8% through the year to the March quarter 2016.

PRELIMINARY DEMAND

fell 0.4% in the March quarter 2016.
mainly due to falls in the prices received for petroleum refining and petroleum fuel manufacturing (-19.1%), oil and gas extraction (-16.2%) and basic polymer manufacturing (-6.8%).
partly offset by rises in the prices received for textile, leather, clothing and footwear manufacturing (+0.5%), metal ore mining (+5.7%) and meat and meat product manufacturing (+3.8%).
rose 0.6% through the year to the March quarter 2016.