ABOUT THESE STATISTICS
This publication provides the next update of the experimental price indexes for financial services which were published in ABS Cat. no. 6413.0 Information Paper: Experimental Price Indexes for Financial Services, 1998 to 2003. Latest December Quarter 2004 has been added to the time series.
NOTES
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, or Val Tot on Canberra 02 6252 6424.
ANALYSES AND COMMENTS
EXPERIMENTAL PRICE INDEXES FOR FINANCIAL SERVICES
- rose 0.2% in the December quarter 2004.
- rose 1.3% between the December quarters 2003 and 2004.
INDEX NUMBERS, Weighted average of eight capital cities
(a) CPI converted to a base of September quarter 1998 = 100.0
TABLE 1. FINANCIAL SERVICES, Index Numbers(a)
| | | | | | | | | Weighted |
| | | | | | | | | average of |
| | | | | | | | | eight capital |
Period | Sydney | Melbourne | Brisbane | Adelaide | Perth | Hobart | Darwin | Canberra | cities |
|
2001-02 | 109.3 | 110.0 | 114.5 | 108.8 | 112.9 | 110.1 | 110.7 | 109.9 | 110.4 |
2002-03 | 112.5 | 115.0 | 120.3 | 114.0 | 118.7 | 116.2 | 116.5 | 116.2 | 115.0 |
2003-04 | 117.6 | 119.5 | 126.1 | 118.5 | 124.8 | 122.1 | 122.1 | 121.4 | 120.0 |
| | | | | | | | | |
2003 | | | | | | | | | |
December | 116.6 | 118.6 | 124.8 | 117.3 | 122.9 | 120.8 | 120.7 | 120.7 | 118.9 |
2004 | | | | | | | | | |
March | 118.7 | 120.5 | 127.6 | 119.7 | 125.3 | 123.4 | 123.4 | 122.6 | 121.1 |
June | 119.3 | 120.5 | 128.1 | 120.2 | 128.7 | 124.4 | 124.1 | 122.4 | 121.8 |
September | 116.3 | 120.1 | 126.5 | 119.4 | 127.7 | 122.5 | 123.1 | 122.4 | 120.2 |
December | 117.0 | 120.3 | 127.4 | 119.7 | 126.7 | 123.7 | 124.1 | 121.2 | 120.5 |
(a) Base of each index: September Quarter 1998 = 100.0 |
TABLE 2. FINANCIAL SERVICES, Percentage changes
|
| | | | | | | | | Weighted |
| | | | | | | | | average of |
| | | | | | | | | eight capital |
Period | Sydney | Melbourne | Brisbane | Adelaide | Perth | Hobart | Darwin | Canberra | cities |
PERCENTAGE CHANGE (from previous financial year) |
|
2001-02 | -2.8 | -1.5 | 0.7 | -2.7 | -1.7 | -2.3 | -2.0 | -2.3 | -2.0 |
2002-03 | 2.9 | 4.5 | 5.1 | 4.8 | 5.1 | 5.5 | 5.2 | 5.7 | 4.2 |
2003-04 | 4.5 | 3.9 | 4.8 | 3.9 | 5.1 | 5.1 | 4.8 | 4.5 | 4.3 |
PERCENTAGE CHANGE (from corresponding quarter of previous year) |
|
2003 | | | | | | | | | |
December | 4.8 | 4.2 | 4.9 | 4.0 | 4.2 | 5.4 | 4.8 | 4.9 | 4.5 |
2004 | | | | | | | | | |
March | 5.2 | 4.5 | 5.7 | 4.7 | 4.9 | 5.7 | 5.5 | 5.0 | 5.0 |
June | 3.7 | 2.7 | 4.3 | 3.4 | 6.1 | 4.5 | 4.3 | 2.8 | 3.7 |
September | 0.6 | 1.6 | 2.3 | 2.2 | 4.6 | 2.3 | 2.6 | 2.1 | 1.7 |
December | 0.3 | 1.4 | 2.1 | 2.0 | 3.1 | 2.4 | 2.8 | 0.4 | 1.3 |
PERCENTAGE CHANGE (from previous quarter) |
|
2003 | | | | | | | | | |
December | 0.9 | 0.3 | 0.9 | 0.4 | 0.7 | 0.8 | 0.6 | 0.7 | 0.6 |
2004 | | | | | | | | | |
March | 1.8 | 1.6 | 2.2 | 2.0 | 2.0 | 2.2 | 2.2 | 1.6 | 1.9 |
June | 0.5 | 0.0 | 0.4 | 0.4 | 2.7 | 0.8 | 0.6 | -0.2 | 0.6 |
September | -2.5 | -0.3 | -1.2 | -0.7 | -0.8 | -1.5 | -0.8 | 0.0 | -1.3 |
December | 0.6 | 0.2 | 0.7 | 0.3 | -0.8 | 1.0 | 0.8 | -1.0 | 0.2 |
|