In Hobart between the June quarter 2003 and the June quarter 2004, the average retail price of a 650g loaf of bread decreased by 18.8% in price from $3.03 to $2.46. During the same period, the average price of a litre of milk increased by 0.7% from $1.48 to $1.49.
Amongst items whose average price increased between the June quarter 2003 and the June quarter 2004 were onions (21.7%), petrol (12.1%), beef rump steak (10.9%) and lamb leg (8.3%). Items that decreased in price over the same period included butter (-13.8%), bacon middle rashers prepack (-9.5%), teabags (-8.2%) and instant coffee (-8.1%).
AVERAGE RETAIL PRICES OF SELECTED ITEMS, Weighted average(a)(b) - Hobart |
 | | | Prices(c) | |
| | | | |
 |  | June qtr 2003 | June qtr 2004 | Change |
|  |  |  |  |
| Item | Units(d) | cents | cents | % |
|
| Dairy products | | | | |
| Milk | 1 litre | 148 | 149 | 0.7 |
| Cheese, processed, sliced, wrapped | 500 g | 385 | 413 | 7.3 |
| Butter | 500 g | 261 | 225 | -13.8 |
| Bread and cereal products |  |  | | |
| Bread, white loaf, sliced | 650 g | 303 | 246 | -18.8 |
| Breakfast cereal, corn-based | 550 g | 392 | 372 | -5.1 |
| Flour, self-raising | 2 kg | 271 | 259 | -4.4 |
| Meat | |  | | |
| Beef - rump steak | 1 kg | 1,365 | 1,514 | 10.9 |
| Beef - silverside, corned | 1 kg | 699 | 676 | -3.3 |
| Lamb - leg | 1 kg | 769 | 833 | 8.3 |
| Lamb - loin chops | 1 kg | 1,230 | 1,316 | 7.0 |
| Pork - leg | 1 kg | 767 | 748 | -2.5 |
| Bacon, middle rashers | 250 g pkt | 378 | 342 | -9.5 |
| Fresh vegetables | |  | | |
| Potatoes | 1 kg | 154 | 166 | 7.8 |
| Onions | 1 kg | 143 | 174 | 21.7 |
| Processed fruit and vegetables | |  | | |
| Peaches | 825 g can | 258 | 264 | 2.3 |
| Other food |  |  | | |
| Eggs (e)(f) | 1 doz. | 374 | 394 | 5.3 |
| Sugar, white (f) | 2 kg | 265 | 283 | 6.8 |
| Teabags | 180 g pkt | 437 | 401 | -8.2 |
| Coffee, instant | 150 g jar | 682 | 627 | -8.1 |
| Margarine, poly-unsaturated | 500 g | 249 | 243 | -2.4 |
| Other items |  |  | | |
| Beer, full strength (g) | 24 x 375 ml bottles | 3,419 | 3,483 | 1.9 |
| Petrol, unleaded | 1 litre | 92.4 | 103.6 | 12.1 |
(a) This is a price list of selected retail goods. The prices in the list are the averages for items of specified grades, qualities and brands charged by a number of selected retailers in a city. They are included in the calculation of the CPI.
(b) Index numbers for financial years are calculated as the simple arithmetic average of the quarterly index numbers.
(c) The list should be regarded as no more than an approximate indicator of price levels and price changes and the average prices for some items may not be comparable from city to city nor from quarter to quarter as the specifications of the products, brands etc. may change.
(d) The table units are not necessarily those for which the original price data were obtained; in such cases, prices have been calculated for the table unit.
(e) Eggs have a minimum net carton weight of 700gm per dozen eggs.
(f) Represents average price of brand name and generic brand products.
(g) Alcoholic content of full strength beer is greater than 3.5%.
Source: Average Retail Prices of Selected Items (cat. no. 6403.0). |
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