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6401.0 - Consumer Price Index, Australia, Sep 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/10/2007   
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Note: New spreadsheet tables will be released from September quarter 2007

SEPTEMBER KEY FIGURES

Jun Qtr 2007
to Sep Qtr 2007
Sep Qtr 2006
to Sep Qtr 2007
Weighted average of eight capital cities
% change
% change

Food
1.9
1.8
Alcohol and tobacco
0.6
3.1
Clothing and footwear
0.4
1.0
Housing
1.8
4.2
Household contents and services
-2.4
-1.6
Health
-0.5
4.3
Transportation
-0.7
-0.9
Communication
0.0
0.8
Recreation
1.4
1.6
Education
-1.0
4.1
Financial and insurance services
2.0
3.2
All groups
0.7
1.9
All groups excluding Housing and Financial and insurance services
0.2
1.1

All Groups Quarterly change
Graph: All Groups Quarterly change

Contribution to quarterly change
-
September Quarter 2007
Graph: Contribution to quarterly change—September Quarter 2007



SEPTEMBER KEY POINTS


THE ALL GROUPS CPI

  • rose 0.7% in the September quarter 2007, compared with a rise of 1.2% in the June quarter.
  • rose 1.9% through the year to September quarter 2007.


OVERVIEW OF CPI MOVEMENTS
  • Significant contributors to the increase this quarter were fruit (+9.6%), vegetables (+7.9%), deposit and loan facilities (+2.2%), rents (+1.6%), other financial services (+2.3%), house purchase (+1.0%), electricity (+4.3%), overseas holiday travel and accommodation (+4.2%), property rates and charges (+4.5%), water and sewerage (+5.5%), domestic holiday travel and accommodation (+1.8%) and other motoring charges (+2.6%).
  • The most significant offsetting price falls this quarter were for child care (-33.4%), automotive fuel (-3.7%), pharmaceuticals (-4.5%), audio, visual and computing equipment (-2.5%) and furniture (-1.5%).
  • The large fall in child care this quarter has resulted from a change in the eligibility criteria for the Child Care Tax Rebate (CCTR) that has brought it in-scope of the CPI this quarter and from the additional 10% indexation of the Child Care Benefit (CCB) rates on top of the usual annual CPI indexation. The fall in child care reduced the September quarter CPI increase by -0.2 percentage points (-0.29 index points).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2007 23 January 2008
March 2008 23 April 2008



ROUNDING

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



CHANGES IN THIS ISSUE

The Child Care Tax Rebate (CCTR) has been included as a rebate in calculating the “net” change in child care cost for the first time in the September quarter 2007. A description of the treatment of child care services in the Australian Consumer Price Index (CPI) can be found on page 34 of this issue.


Without the inclusion of the CCTR in the CPI this quarter, child care would have fallen 4.9% and contributed 0.0 percentage points (-0.04 index points) to the movement in the All groups CPI.



ABBREVIATIONS

ABS Australian Bureau of Statistics
CPI Consumer Price Index


INQUIRIES

For further information about these and related statistics, contact Lee Taylor on Canberra (02) 6252 6251 or the National Information and Referral Service on 1300 135 070.


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