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6401.0 - Consumer Price Index, Australia, Sep 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 22/10/2014   
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22 October 2014
Embargo: 11.30 am (Canberra time) Wednesday 22 October 2014

ABS CPI September quarter 2014 rises 0.5%

The Consumer Price Index (CPI) rose 0.5% in the September quarter 2014, following a rise of 0.5% in the June quarter 2014.

The most significant price rises this quarter were for fruit (+14.7%), new dwelling purchase by owner-occupiers (+1.1%), property rates and charges (+6.3%) and other services in respect of motor vehicles (+5.8%). These rises were partially offset by falls in electricity (-5.1%) and automotive fuel (-2.5%).

The CPI rose 2.3% through the year to the September quarter 2014, following a rise of 3.0% through the year to the June quarter 2014.

The Consumer Price Index (CPI) measures price change for consumption goods and services acquired by Australian resident households. The Australian Government repealed carbon pricing with effect from 1 July 2014. It is not possible to quantify the impact of removing the carbon price on the price change measured by the CPI.

Further information is available in Consumer Price Index, Australia (cat. no. 6401.0).

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Commonwealth of Australia 2014

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