1345.4 - SA Stats, Nov 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 25/11/2008   
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PRICE INDEXES


CONTENTS

Consumer price index

Wage price index

House price index


CONSUMER PRICE INDEX

The all groups consumer price index (CPI) for Adelaide rose 1.3% in the September quarter 2008 while the weighted average of the eight capital cities rose by 1.2% in that quarter. Adelaide's CPI increased by 5.1% in the year ending September quarter 2008, compared with a 5.0% rise in the weighted average of the eight capital cities.

CONSUMER PRICE INDEX - ALL GROUPS, Quarterly change
Graph: CONSUMER PRICE INDEX - ALL GROUPS, Quarterly change


Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Housing (2.8%), Alcohol and tobacco (2.0%), Food (1.7%), Recreation (1.7%) and Financial and insurance services (1.7%). The largest decreases in prices from the previous quarter were for Clothing and footwear (-1.8%) and Household contents and services (-0.6%).

CPI GROUPS, Quarterly change, Adelaide - September 2008 quarter
Graph: CPI GROUPS, Quarterly change,  Adelaide—September 2008 quarter



WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 1.1% (in original terms) from the June quarter 2008 to the September quarter 2008. This was less than the increase nationally (1.2%) over this period.

WAGE PRICE INDEX QUARTERLY CHANGES, Total hourly rates of pay excluding bonuses, Original, South Australia
Graph: WAGE PRICE INDEX QUARTERLY CHANGES, Total hourly rates of pay excluding bonuses, Original, South Australia



HOUSE PRICE INDEX

Preliminary estimates show that the price index for established houses for Adelaide (in original terms) decreased 0.1% in the September quarter 2008. Over this period, the price index for the weighted average of the eight capital cities decreased by 1.8%.

Over the year to the September quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 9.7%, while the weighted average of the eight capital cities increased 2.8%. House prices increased faster in Adelaide than in any other capital city over the year to the September quarter 2008.

ESTABLISHED HOUSE PRICES, Quarterly change, South Australia
Graph: ESTABLISHED HOUSE PRICES, Quarterly change, South Australia