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 1.6% during the March quarter 2011, which reflected the 1.6% increase for the weighted average of the eight capital cities over the same period. Adelaide's CPI increased by 3.6% in the year ending March quarter 2011, compared with a 3.3% rise in the weighted average of the eight capital cities.

Adelaide's largest percentage increases in prices from the previous quarter were for Education (5.6%) and Food (2.9%). The largest decreases in prices from the previous quarter were for Recreation (1.3%) and Household contents and services (1.1%).

WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 0.6% (in original terms) between the December quarter 2010 and March quarter 2011. This was lower than the national increase of 0.9% over the same period. Of all the states and territories, Northern Territory recorded the largest increase (1.2%) and Queensland and South Australia the smallest (0.6%).

HOUSE PRICE INDEX

Preliminary estimates show the price index for established houses for Adelaide (in original terms) has fallen by 1.0% in the March quarter 2011, following a rise of 0.4% the previous quarter. Over the same period, the weighted average of the eight capital cities also fell by 1.7%. Brisbane (2.5%) and Melbourne (2.5%) recorded the largest price index falls of all the capital cities, while Perth (0.5%) and Hobart (0.4%) recorded the only price index rises.

In the 12 months to the March quarter 2011, preliminary estimates show the price index for established houses for Adelaide rose 0.9%, while the weighted average of the eight capital cities fell 0.2%. Canberra (1.1%) and Melbourne (1.1%) recorded the largest increases of all the capital cities, whilst Brisbane (3.6%) and Perth (3.2%) recorded the only decreases.


*DATA NOTES

Please refer to source publications for impact of floods on data and collections.