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 0.4% (in original terms) between the March and June quarters 2009. This was less than the national increase of 0.6% over the same period.

HOUSE PRICE INDEX

Preliminary estimates show that the price index for established houses for Adelaide (in original terms) increased 3.4% in the June quarter 2009; the first increase since the March quarter 2008. Price rises were recorded in all other capital cities between the March and June quarters 2009 resulting in an increase in the price index for the weighted average of the eight capital cities of 4.2% over this period.

Over the year to the June quarter 2009, the preliminary estimates show the price index for established houses for Adelaide rose 2.7%, while the weighted average of the eight capital cities decreased 1.4%.