Database Specific
Database Specific Abstract AbstractThis dataset presents indexes measuring changes in the prices of exports of merchandise that are shipped from Australia each quarter (the Export Price Index).
Source Source Contact person/organisation Contact person/organisationFor further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
Data Characteristics Data Characteristics Base period Base periodFrom the September quarter 2012, all index numbers are calculated with an index reference period of 2011–12=100.0. This results in the index numbers for each index being set to 100.0 for the financial year 2011–12.
Date last updated Date last updated2015-01-29T11:30+10:00
Periodicity PeriodicityQuarterly
Sampling SamplingThe sampling process for the producer and international trade price indexes comprises the selection of goods and services appropriate to each of the indexes, identification of businesses which produce (or consume) such products, and the selection of individual items produced or used by those businesses to be priced on an ongoing basis.
Population & Scope Population & Scope Item coverage Item coverageThe export price index includes re-exports of merchandise (i.e. goods which are imported into Australia and exported at a later date without physical transformation). For further details, please refer to the Explanatory Notes below.
Concepts & Classifications Concepts & Classifications Classification(s) used Classification(s) usedIndex numbers for selected sections of the Standard International Trade Classification (SITC) are provided. The SITC (Revision 4) used from the September quarter 2008 onwards is the United Nations' updated version, replacing SITC (Revision 3). SITC (Revision 4) retains the overall structure of SITC (Revision 3) and consists of the same number of sections, divisions and groups. The export price index is also presented by Balance of Payments Classification of Exports which have been disaggregated into balance of payments groupings of rural goods, non-rural goods and non-monetary gold.
Index type Index typeThe export price index is annually reweighted chained Laspeyres indexes. This method of weighting was introduced in the September quarter 2000 and replaces the 'fixed-base' method of weighting in which the weighting patterns are updated infrequently (generally once every 5 or 10 years).
Key statistical concept Key statistical conceptPlease refer to the link below on PPI and ITPI CSM.
Weights WeightsThe annual reweighting and chaining process involves a number of steps in order to provide new weights each year. The current weighting basis for the import price index was derived from the average value of import items during 2011-12. This differs slightly from the export price index which has used the average value of export items during 2010-11 and 2011-12, due to the greater volatility associated with the value of export items. These weights were revalued to reflect link period (June quarter 2012) price levels. This means, for example, that the weights for the import price index are effectively determined using quantities from 2011-12 and prices from June quarter 2012. Indexes derived by using the new weights for the September quarter 2012 were then linked to the already published June quarter 2012 (link period) levels which were derived using the previous series weights. Using this methodology, long-term chain linked series can be constructed over time on a consistent reference base for continuity and user convenience, but using annually refreshed weights. The import price index is also presented by Balance of Payments Broad Economic Categories, which have been disaggregated into balance of payments groupings of consumption goods, capital goods and intermediate and other merchandise goods. From the September quarter 2008 onwards, the previous heading of Classification of Broad Economic Categories (BEC) End Use, has been replaced with Balance of Payments Broad Economic Categories. This is simply a name change, with the series remaining comparable to previously published series. The reference base for each index series will remain 2011-12=100 even though the weights are being updated each year.
Other Aspects Other Aspects Quality comments Quality commentsPlease refer to the link below on ITPI Quality Declaration.
This dataset presents indexes measuring changes in the prices of exports of merchandise that are shipped from Australia each quarter (the Export Price Index).
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
The sampling process for the producer and international trade price indexes comprises the selection of goods and services appropriate to each of the indexes, identification of businesses which produce (or consume) such products, and the selection of individual items produced or used by those businesses to be priced on an ongoing basis.
Quarterly
From the September quarter 2012, all index numbers are calculated with an index reference period of 2011–12=100.0. This results in the index numbers for each index being set to 100.0 for the financial year 2011–12.
2015-01-29T11:30+10:00
The export price index includes re-exports of merchandise (i.e. goods which are imported into Australia and exported at a later date without physical transformation). For further details, please refer to the Explanatory Notes below.
Please refer to the link below on PPI and ITPI CSM.
Index numbers for selected sections of the Standard International Trade Classification (SITC) are provided. The SITC (Revision 4) used from the September quarter 2008 onwards is the United Nations' updated version, replacing SITC (Revision 3). SITC (Revision 4) retains the overall structure of SITC (Revision 3) and consists of the same number of sections, divisions and groups. The export price index is also presented by Balance of Payments Classification of Exports which have been disaggregated into balance of payments groupings of rural goods, non-rural goods and non-monetary gold.
The export price index is annually reweighted chained Laspeyres indexes. This method of weighting was introduced in the September quarter 2000 and replaces the 'fixed-base' method of weighting in which the weighting patterns are updated infrequently (generally once every 5 or 10 years).
The annual reweighting and chaining process involves a number of steps in order to provide new weights each year. The current weighting basis for the import price index was derived from the average value of import items during 2011-12. This differs slightly from the export price index which has used the average value of export items during 2010-11 and 2011-12, due to the greater volatility associated with the value of export items. These weights were revalued to reflect link period (June quarter 2012) price levels. This means, for example, that the weights for the import price index are effectively determined using quantities from 2011-12 and prices from June quarter 2012. Indexes derived by using the new weights for the September quarter 2012 were then linked to the already published June quarter 2012 (link period) levels which were derived using the previous series weights. Using this methodology, long-term chain linked series can be constructed over time on a consistent reference base for continuity and user convenience, but using annually refreshed weights. The import price index is also presented by Balance of Payments Broad Economic Categories, which have been disaggregated into balance of payments groupings of consumption goods, capital goods and intermediate and other merchandise goods. From the September quarter 2008 onwards, the previous heading of Classification of Broad Economic Categories (BEC) End Use, has been replaced with Balance of Payments Broad Economic Categories. This is simply a name change, with the series remaining comparable to previously published series. The reference base for each index series will remain 2011-12=100 even though the weights are being updated each year.
Please refer to the link below on ITPI Quality Declaration.