Prices are an important factor in the operation of an economy. Price indexes, which provide summary measures of the movements in various categories of prices, are used extensively to analyse and monitor price behaviour, and to adjust government payments such as pensions.
For more information on prices and price indexes, in particular, the Consumer Price Index (CPI) click on the following link to the prices section of Year Book Australia 2005 on the ABS web site.
PRICE INDEXES - 2003-04(a)
|
 | Hobart
| Weighted average of capital cities
|
 | Index number | Change from previous year (%) | Index number | Change from previous year (%) |
|
| Consumer Price Index (b) | 142.6 | 2.5 | (b)143.5 | 2.4 |
| Established house price index (b) | 187.5 | 19.4 | (b)244.0 | 16.2 |
| Project home price index (b) | 172.0 | 8.5 | (b)154.8 | 7.4 |
| Price index of materials used in house building (c) | 139.4 | 4.3 | (c)134.3 | 2.9 |
| Price index of materials used in building other than house building (c) | 127.0 | 2.3 | (c)127.7 | 3.3 |
(a) Reference base year is 1989-90 = 100.0. The separate capital city indexes measure price movements in each city individually. They do not compare price levels between cities.
(b) For eight capital cities.
(c) For six state capital cities.
Source: Consumer Price Index, Australia (cat. no. 6401.0); House Price Indexes: Eight Capital Cities (cat. no. 6416.0); Producer Price Indexes, Australia (cat. no. 6427.0). |
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