PRICE INDEXES


CONTENTS

Consumer price index

Wage price index

House price index


CONSUMER PRICE INDEX

The all groups consumer price index (CPI) for Adelaide rose 0.6% during the June quarter 2009, while the weighted average of the eight capital cities increased by 0.5% during that quarter. Adelaide's CPI increased by 1.6% in the year ending June quarter 2009, compared with a 1.5% rise in the weighted average of the eight capital cities.

Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Clothing and footwear (3.9%), Health (3.6%) and Household contents and services (2.1%). The largest decreases in prices from the previous quarter were for Financial and insurance services (-1.2%) and Food (-0.7%).

WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 0.7% (in original terms) from the December quarter 2008 to the March quarter 2009. This was the same as the increase nationally (0.7%) over this period.

HOUSE PRICE INDEX

Preliminary estimates show that the price index for established houses for Adelaide (in original terms) decreased 0.8% in the March quarter 2009. The only cities in which the House Price Index increased between the December quarter 2008 and the March quarter 2009 were Darwin (2.2%), Canberra (0.5%) and Hobart (0.1%). The price index for the weighted average of the eight capital cities decreased by 2.2% over this period.

Over the year to the March quarter 2009, the preliminary estimates show the price index for established houses for Adelaide fell 1.9%, while the weighted average of the eight capital cities decreased 6.7%.