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June Key Statistics

The Living Cost Indexes (LCI)

The Living Cost Indexes (LCI) have been designed to answer the question:

'By how much would after tax money incomes need to change to allow households to purchase the same quantity of consumer goods and services that they purchased in the base period?'

In the June quarter 2019, the living costs of pensioner and beneficiary households (PBLCI) rose 0.5%. Over the same period, the living costs of self-funded retiree households rose 0.7%, age pensioner households rose 0.6%, employee households and other government transfer recipient households both rose 0.5%. For more information about the June quarter 2019 results see Main Contributors to Change.

The inclusion of mortgage interest and consumer credit charges, and the different treatments of housing and insurance costs in the LCIs result in variations between the LCIs and the Consumer Price Index (CPI). The expenditure patterns of those households measured by the LCIs differ from those of the overall household sector in scope of the CPI; these also contribute to differences in the percentage changes.

For a discussion of the relationship between the LCIs and CPI, see the Explanatory Notes.

		Mar Qtr 2019 to Jun Qtr 2019	Jun Qtr 2018 to Jun Qtr 2019
Weighted average of eight capital cities, All groups		% change	% change
Selected Living Cost Indexes (LCIs) - Household type:
	Pensioner and Beneficiary LCI (PBLCI)	0.5	1.9
	Employee LCI	0.5	1.6
	Age pensioner LCI	0.6	1.9
	Other Government Transfer Recipient LCI	0.5	1.9
	Self-funded Retiree LCI	0.7	2.0
Consumer Price Index (CPI)		0.6	1.6

Percentage change for Household type

• TABLE 1. All Groups, Index Numbers and Percentage Changes, by Household Type
• TABLE 2. Commodity Groups, Index Numbers, Percentage Changes and Points Contributions, by Household Type
• TABLE 3. Gross Insurance, Mortgage Interest and Consumer Credit, Index Numbers and Percentage Changes, by Household Type