CONSUMER PRICE INDEX
Introduction
Change from previous year
Change from previous quarter
Introduction
The Consumer Price Index (CPI) is a widely used economic indicator, that provides a general measure of changes in prices of consumer goods and services purchased by Australian households. Prices are measured in each of the eight state and territory capital cities. The CPI 'basket' is split into 11 major groups:
Food, Alcohol and tobacco, Clothing and footwear, Housing, Household contents and services, Health, Transportation, Communication, Recreation, Education and Financial and insurance services. These groups contain the 90 expenditure classes, which in turn contain a selection of the individual items which are priced each quarter.
Further information about the CPI is contained in Australian Consumer Price Index: Concepts, Sources and Methods, 2005 (cat. no. 6461.0).
Change from previous year
In the year to December 2009, the All Groups Consumer Price Index (CPI) rose by 2.3% for Canberra and 2.1% nationally (weighted average of the eight capital cities). In Canberra the most significant price rise occurred in Education, up 6.2%. The most significant rise nationally was also in Education, up 5.6%.There were decreases, both nationally and in Canberra, for Financial and insurance services (nationally -6.3%, Canberra -4.3%).
CPI GROUPS, Change from previous quarter
- Dec Qtr 2009
Change from previous quarter
In the December quarter 2009, the All Groups CPI rose by 0.4% for Canberra, and 0.5% nationally (weighted average of eight capital cities). The most significant price rise occurred in
Recreation, up 1.3% in Canberra and
Food up 1.4% nationally. The most significant fall occurred for
Clothing and footwear, down 1.6% in Canberra and
Health, down 0.9% nationally.
CPI GROUPS, Change from corresponding quarter of previous year
- Dec Qtr 2009
The largest contributor to the increase of 0.7% in the CPI for Canberra in December quarter 2009 was
Food (+1.1%). Within the
Food group, the key driver of the increase was the price for
Fruit, which rose by 16.4% in the quarter.
CONSUMER PRICE INDEX BY EXPENDITURE CLASS, Canberra
- Food
- Dec Qtr 09
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