6461.0 - Consumer Price Index: Concepts, Sources and Methods, 2017

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2018

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Introduction Purposes and uses of consumer price indexes Historical background Price index theory Coverage and classifications Weights and their sources Sampling Price collection Quality change and new products Consumer price index calculation in practice Maintaining the relevance of the CPI Re-referencing and linking price indexes Outputs and dissemination The system of price statistics Use of Transactions data in the Australian CPI About this Release	This release provides updated information relating to the data sources and methods used to compile the CPI. This release provides a comprehensive description of the Australian Consumer Price Index (CPI). Topics include a description of: the conceptual basis of the index; the goods and services priced; data sources and methods used to compile the CPI; and uses of the CPI. This release also provides some insight into the challenges the ABS encounters in compiling the CPI and explains how these challenges are overcome. Document Selection These documents will be presented in a new window.