6401.0 - Consumer Price Index, Australia, Dec 2017 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/01/2018
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CAPITAL CITIES COMPARISON At the All groups level, the CPI rose in all of the eight capital cities, with Hobart recording the largest movement. The transport group (+2.4%) is the most significant positive contributor to the All groups quarterly movement, with rises across all eight capital cities. This is driven by automotive fuel (+10.4%), due to increases in world oil prices. The alcohol and tobacco group (+3.2%) is the second most significant positive contributor to the All groups quarterly movement, with rises across all eight capital cities. This is driven by a rise in tobacco (+8.5%), due to the flow on effects of the federal excise tax increase of 12.5% and the further increase based on Average Weekly Ordinary Time Earnings (AWOTE) effective 1 September 2017. The food and non-alcoholic beverages group (+1.0%) is the third most significant positive contributor to the All groups quarterly movement, with rises in all eight capital cities. The rise is driven by fruits (+9.3%), due to rises for berries, particularly strawberries, and grapes. The most significant offsetting negative contributor to the All groups quarterly movement is the furnishings, household equipment and services group (-0.8%), with falls across all eight capital cities. The fall is driven by household textiles (-5.7%) due to ongoing competition and continued discounting activity in the retail industry. Over the last twelve months to December quarter 2017, the All groups CPI (+1.9%) has risen across all eight capital cities, with Adelaide (+2.3%), Sydney (+2.2%) , Melbourne (+2.2%) and Canberra (+2.2%) recording the largest movements.
SYDNEY (+0.7%) The main contributors to the rise in Sydney this quarter are automotive fuel (+12.0%), tobacco (+8.2%) and domestic holiday travel and accommodation (+4.7%). The rise is partially offset by falls in international travel and accommodation (-1.6%) and motor vehicles (-1.7%). The fall in international travel and accommodation are due to the Northern hemisphere entering low holiday season. MELBOURNE (+0.7%) The main contributors to the rise in Melbourne this quarter are automotive fuel (+10.6%), tobacco (+8.4%) and domestic holiday travel and accommodation (+7.5%). The rise is partially offset by falls in audio, visual and computing equipment (-3.9%) and international travel and accommodation (-1.5%). Falls in audio, visual and computing equipment are driven by falls in televisions as a result of increased competition and discounting in the lead up to the Christmas period in order to stimulate demand. BRISBANE (+0.8%) The main contributors to the rise in Brisbane this quarter are automotive fuel (+10.6%), tobacco (+9.1%) and domestic holiday travel and accommodation (+5.6%). The rise is partially offset by falls in international travel and accommodation (-1.9%) and audio, visual and computing equipment (-3.6%). ADELAIDE (+0.7%) The main contributors to the rise in Adelaide this quarter are tobacco (+9.0%), automotive fuel (+9.0%), and domestic holiday travel and accommodation (+5.1%). The rise is partially offset by falls in international travel and accommodation (-2.6%) and audio, visual and computing equipment (-2.9%). PERTH (+0.4%) The main contributors to the rise in Perth this quarter are automotive fuel (+8.4%), domestic holiday travel and accommodation (+8.4%) and tobacco (+8.4%). The rise is partially offset by falls in rents (-1.2%) and audio, visual and computing equipment (-4.2%). The fall in rents is due to high vacancy rates putting downward pressure on rental prices. HOBART (+1.0%) The main contributors to the rise in Hobart this quarter are domestic holiday travel and accommodation (+18.4%), tobacco (+9.7%) and automotive fuel (+3.0%). The rise in domestic holiday travel and accommodation is a result of Hobart's popularity as a holiday destination. The rise is partially offset by a fall in international holiday travel and accommodation (-2.3%). DARWIN (+0.3%) The main contributors to the rise in Darwin this quarter are tobacco (+8.9%), automotive fuel (+8.1%) and fruits (+11.0%). The rise is partially offset by falls in domestic holiday travel and accommodation (-9.1%) and audio, visual and computing equipment (-4.1%). CANBERRA (+0.6%) The main contributors to the rise in Canberra this quarter are automotive fuel (+8.9%), domestic holiday travel and accommodation (+6.2%) and tobacco (+8.8%). The rise is partially offset by falls in international holiday travel and accommodation (-1.5%) and audio, visual and computing equipment (-2.4%). Document Selection These documents will be presented in a new window.
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