Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
6467.0 - Selected Living Cost Indexes, Australia, Dec 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/01/2013   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

DECEMBER KEY FIGURES

Sep Qtr 2012 to Dec Qtr 2012
Dec Qtr 2011 to Dec Qtr 2012
Weighted average of eight capital cities, All groups
% change
% change

Selected Living Cost Indexes (LCIs) - Household type:
Pensioner and Beneficiary LCI (PBLCI)
0.1
2.3
Employee LCI
0.1
1.1
Age pensioner LCI
0.0
2.4
Other Government Transfer Recipient LCI
0.2
2.2
Self-funded Retiree LCI
0.3
1.9
Consumer Price Index (CPI)
0.2
2.2


Percentage change for Household type - September Quarter 2012 to December Quarter 2012
Graph: Percentage change for Household type—September Quarter 2012 to December Quarter 2012




NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2013 1 May 2013
June 2013 31 July 2013
September 2013 30 October 2013
December 2013 29 January 2014



ROUNDING

Any discrepancies between totals and sums of components in this publication are due to rounding.


TIME SERIES DATA

Longer time series of statistics presented in this product are available from the Downloads tab for this product on the ABS website. They are available as Time Series Workbooks:
  • TABLE 1. All Groups, Index Numbers and Percentage Changes, by Household Type
  • TABLE 2. Commodity Groups, Index Numbers, Percentage Changes and Points Contributions, by Household Type
  • TABLE 3. Gross Insurance, Mortgage Interest and Consumer Credit, Index Numbers and Percentage Changes, by Household Type


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


SUMMARY COMMENTARY


THE LIVING COST INDEXES

The Living Cost Indexes (LCI) have been designed to answer the question:

'By how much would after tax money incomes need to change to allow households to purchase the same quantity of consumer goods and services that they purchased in the base period?'

In the December quarter 2012, changes in the living costs of pensioner and beneficiary households (PBLCI) rose 0.1%. Over the same period, the living costs of self-funded retiree households rose 0.3%, other government transfer recipient households rose 0.2%, employee households rose 0.1% and age pensioner households recorded no change. For more information about the December quarter 2012 results, see Main Contributors to Change.

These differences have come about for a number of reasons. The inclusion of mortgage interest and consumer credit charges in the living cost indexes has a significant impact on employee and other government transfer recipient households. The inclusion of mortgage interest and consumer credit charges and the different treatments of housing and insurance in the LCIs result in variations between the LCIs and the CPI series. The expenditure patterns of those households measured by the LCIs differ from those of the overall household sector covered by the CPI. This also contributes to differences in the percentage changes.

For a discussion of the relationship between the LCIs and CPI, see the Explanatory Notes.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.