NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) Release Date
June 2011 (final issue) 3 August 2011
OUTCOME OF THE 16TH SERIES CPI REVIEW
The ABS recently completed an extensive review of its CPI and has announced changes to ensure the CPI continues to meet the requirements of the Australian community. One outcome of the review is the discontinuation of this publication, Average Retail Prices of Selected Items, Eight Capital Cities (cat. no. 6403.0.55.001).
The June quarter 2011 release will be the final of Average Retail Prices of Selected Items, Eight Capital Cities.
For more details about changes to the CPI, please refer to Information Paper: Outcome of the 16th Series Australian Consumer Price Index Review (cat. no. 6469.0), or www.abs.gov.au.
IMPACT OF THE FLOODS AND CYCLONE YASI
Extensive flooding began in late December 2010 in Queensland, and intensified in both Queensland and other states in January 2011. In early February 2011, Severe Tropical Cyclone Yasi crossed the north Queensland coast. Gale force winds, flooding rain and storm surges caused significant damage to areas in the storm's path. Despite some disruptions in Brisbane, all CPI collections for January 2011 were completed for the month and processing for the March quarter 2011 Average Retail Prices was not affected.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
SUMMARY COMMENTARY
CAT.NO. 6403.0.55.001 AVERAGE RETAIL PRICES OF SELECTED ITEMS: EIGHT CAPITAL CITIES
The average prices in this publication are presented for the purpose of making price comparisons between the capital cities for individual items.
CAUTION: The average prices for some items may not be completely comparable from city to city, nor from quarter to quarter (see the explanatory notes for more information). It is not appropriate to add together these items as no supporting information is provided on the relative importance of the items in the spending patterns of the households in each city. It is also not appropriate to compare item prices over time as the specifications and quality of items actually priced vary from period to period. Comparisons over time of prices for the range of products consumed by households are provided by the CPI.
This data cube contains average retail prices of selected items included in the Consumer Price Index for the eight capital cities. These average retail prices of selected items should be regarded as no more than approximate indicators of price levels for the items concerned as the selected grades, brands, package size, etc. for some items differ between cities and may also differ from one period to the next due to changes in product specifications. For example, potatoes may be priced as washed or brushed, loose or bagged, depending on what is most representative for a particular city.
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