In Darwin, over the twelve months to the March quarter 2012:
the increase in the Consumer Price Index (CPI) was 1.7%, greater than the weighted average for the eight capital cities (1.6%).
the largest price increase was for Insurance and financial services, which increased by 6.1%. This was the largest increase for this group of all capital cities. Alcohol and tobacco also increased by 6.0%.
the greatest decrease in prices occurred for Recreation and culture, which decreased by 1.8%.
In Darwin, during the March quarter 2012:
the CPI increased by 0.3% while the weighted average of the eight capital cities rose by 0.1%. Darwin and Hobart had the equal highest quarterly increases of all capital cities.
The Consumer Price Index (CPI) is based on the price of a "basket" of goods and services and is used to measure change in this price over time. The content of the basket is determined through the ABS Household Expenditure Survey.
The CPI measures price change relative to the base year 1989-90, for which the index figure is set to 100. Prices are collected each quarter from selected retail outlets and through monitoring marked prices and advertised "special offers".
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