3 LONGER TERM SERIES: CPI All Groups, Weighted Average of Eight Capital Cities, Index Numbers- Either a ‘suitable’ land cost index as defined in Box 7. 6 per cent in the 12 months to May 2023, according to the latest data from the Australian Bureau of Statistics (ABS). The Consumer Price Index (CPI) rose 1. Explanatory Notes. The movement in the CPI (All Groups Sydney Index) from 30 June 2022 to 30 June 2023 was 6. This proportion, $21. 6% over the twelve months to the June quarter 2019, following a rise of 1. 1% in Adelaide, Brisbane and Darwin. Daniel Jeffrey. rose 0. 7%) to Sydney (+11. Jan 25, 2022 · At the All groups level, the CPI rose in all eight capital cities, ranging from 0. 4 per cent in the year to January 2023, according to the latest data from the Australian Bureau of Statistics (ABS). The Consumer Price Index (CPI) is a measure of changes, over time, in retail prices of a constant basket of goods and services representative of consumption expenditure by resident households in Australian metropolitan areas. 4% in May. Australia Consumer Price Index (CPI): Hobart: All Groups data is updated quarterly, averaging 48. 5% in April. 6. 8 per cent is higher than the 6. Australian inflation eased to 4. 4% in the June quarter 2013, compared with a rise of 0. Base CPI All Groups Sydney - June 2016 - 109. The adjustment rate for State Super pensions is therefore 5. The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i. 600 1989-1990=100 for Mar 2012. 1% over the twelve months to the March quarter 2017, compared with a rise of 1. 1. Brisbane rose 1. Falls in the global price of oil has seen fuel prices ease in recent months since the annual increase of 43. The new All Groups CPI number for Perth for the September 2022 quarter is 124. 55 Bread 0. 1 per cent after two years of mostly low or no population growth. The health group was the largest negative contributor with drops in all cities. Monthly CPI Indicator in Australia averaged 3. 5% in the September quarter 2014. 4 130. rose 2. 0% over the twelve months to the June quarter 2016, compared with a rise of 1. In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. rose 0. 5 per cent, Brisbane rose 1. metropolitan households). Pensions commencing during the first three. 7 per cent through the year. Index number. 5%), Melbourne (+2. 2 The ABS has conducted detailed investigations into increasing the frequency of EC weights updates by using HFCE data in the inter-HES years for both the CPI and SLCIs. 6401. 3: Housing: 1. All other cities had minimal increases, ranging from 0. 1 per cent after two years of mostly low or no population growth. Contribution to quarterly change. ALL GROUPS — CAPITAL CITIES COMPARISON. 7% in September quarter 2023, resulting in a 5. 0 - Consumer Price Index, Australia, Mar 2015. 1 per cent, Hobart rose 2. 66 In the June quarter 2017, the All Groups CPI was 111. The Consumer Price Index (CPI) rose 1. State Super pensions will be adjusted from the first pension payday in October 2022, which is on Thursday 6 October this year. In the second quarter of 2022, the Consumer Price Index (CPI) in Sydney, Australia's most populous city, recorded a weighted average change of 1. 4 Bread and cereal products: 10. 1. 8 per cent in the year to February 2023, according to the latest data from the Australian Bureau of Statistics (ABS). 8%). 4% in the March quarter 2018. The weighted average CPI number for the September 2022 quarter was 128. rose 1. 4% vs 0. 4% in Adelaide. 6% in the March quarter 2011. 5% this quarter, compared with a rise of 0. 4% this quarter. No indexing applies to all other permanent impairment claims. The adjustment rate for State Super pensions is therefore 5. 1% increase (Melbourne) to a. FURTHER ANALYSIS108. The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i. 0%) recording the largest movements. 1% in September. 0 and a longer term series of All groups quarterly index numbers for the weighted average of eight capital cities dating back to March quarter 1985 are available from the 'Summary' tab of the CPI page on the ABS Website. 6401. So was the CPI (All Groups, Perth). 5% this quarter, compared with a rise of 0. The new All Groups weighted average CPI number for the eight capital cities for the June 2023 quarter is 133. 8 127. Index number for the All Groups CPI for Sydney in 2016-17 = 111. 4% in Sydney to 3. 4% this quarter, compared with a rise of 0. The Consumer Price Index (CPI) measures quarterly changes. 61 points from 1950 until 2023, reaching an all time high of 133. The new All Groups CPI number for Perth for the September 2022 quarter is 124. Index – All Groups – Sydney for the date prior to adoption of the Plan, i. 7% over the quarter, and rose by 1. Quality Declaration. 3 $55. THE ALL GROUPS CPI. metropolitan households). 3% increase (Perth). OVERVIEW OF CPI MOVEMENTS. The new All Groups weighted average Index number for the eight capital cities for the March 2022 quarter is 123. 9 per cent) and furniture (+6. market rent review. 9 138. 5 Change in index points = 0. decrease in the CPI (All Groups-Sydney) for a financial year. 2 5. Next Release: Dec 05, 2023. The monthly Consumer Price Index (CPI) indicator rose 7. 30 14-Dec-92 100. 3% over the corresponding. A summary of the percentage increases for the eight capital cities is provided below:6401. 32%, is the same as the percentage contribution of ‘Vegetables’ to the All groups CPI. MW Development Servicing Plan for Water Supply July 2006 Rev 4The NSW population is currently growing at well below its long-run average growth of 1. 2001 134. 3 per cent movement in September,. Michelle Marquardt, ABS head of prices statistics, said: "This month's annual increase of 6. Domestic holiday travel and accommodation also recorded increases in seven capital cities ranging from 1. 3% in Sydney to 0. 1%. The new All Groups CPI number for Brisbane for the September 2022 quarter is 130. Unlike the CPI, which slowed to 6 per cent annually last week, the living cost indexes include mortgage interest charges instead of the cost of building new homes – something the ABS said was. 4% increase over the year. A detailed explanation of the seasonal adjustment of the All Groups CPI and calculation of the trimmed mean and weighted median measures is available in Information Paper: Seasonal Adjustment of Consumer Price Indexes, 2011 (cat. The other five capital cities ranged from a 7. 1% in December. The average of the Reserve Bank of Australia’s two measures of underlying inflation was 6. Michelle Marquardt, ABS Head of Prices Statistics, said "This month's annual movement of 6. I004: Consumer Price Index: Forecast. World Data Atlas Sources Australian Bureau of Statistics Consumer Price Index (CPI) 17th Series, Australia Sydney. (a) Headline CPI refers to All Groups. 6%). 400 2011-2012=100 from Sep 1948 to Sep 2023, with 301 observations. The new All Groups weighted average CPI number for the eight capital cities for the June 2023 quarter is 133. 150 1989-1990=100 from Sep 1948 to Jun 2012, with 256 observations. The ABS also publishes a monthly CPI indicator, which is more timely and includes updated prices for around two-thirds of the CPI basket each month. specifiea shall be increased in accordance wilh the CPI (All groups Sydney) increases lafter the June 2000 quarter. Compare Consumer Price Index CPI by Country. 6) was higher than in Sydney (161. Summary. 0 1. ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/01/2016. 1%). The weighted average CPI number for the June 2022 quarter was 126. The Australian Bureau of Statistics released. 7: Clothing and footwear: 0. 9 per cent in the 12 months to July 2023, according to the latest data from the Australian Bureau of Statistics (ABS). 6% annually in May, down from 6. Over the twelve months to the December quarter 2013, the All groups CPI rose in all capital cities with the largest positive movement recorded in Darwin (+4. 400 % in Dec 2022 and a record low of 0. 3% in Sydney to 0. 6% 9. The developer shall be responsible for the full cost of the design and construction of water reticulation works within subdivisions. The Consumer Price Index (CPI) rose 1. 0% Melbourne 120. The rate of pension payable on normal retirement is $5. Michelle Marquardt, ABS head of prices statistics, said "CPI rose 1. fell 0. The Consumer Price Index (CPI) measures household inflation and includes statistics about price change for categories of household expenditure The Consumer Price Index (CPI) rose 1. 100 % from Jun 2000 to Sep 2023, with 94 observations. 8 per cent was the second highest since the introduction of the Goods and. 700 1989-1990=100 for Mar 2012. The new All Groups weighted average Index number for the eight capital cities for the June. 3%. 5% in the December quarter 2016. The new All Groups CPI number for Perth for the September 2022 quarter is 124. 6%) is the most significant positive contributor to the All groups quarterly movement, with rises across all eight capital cities. 18%), Transport (10. 8% in Brisbane, Perth and Canberra. Frequently Asked Questions. 8% over the twelve months to the September quarter 2017, compared with a rise of 1. JUNE KEY POINTS. 7 $1. 3%) and. Head of Prices Statistics at the ABS, Michelle Marquardt said: "Higher fuel prices, compared with the low prices seen in 2020, accounted for much of the rise in the March quarter CPI. September’s figure also accelerated for the second straight month following a 5. 89 Per additional development lot 100 $1,676. 6% in Darwin. 7% in Adelaide; and • Annual CPI inflation to the December quarter 2022 was 7. 7/113. 1 The “Enhancing Australia's CPI” program has provided an opportunity for the ABS to re-examine the frequency of updates to the CPI and SLCIs expenditure weights. In July 2020, the ABS announced that the change in the CPI - All Groups Sydney from the June quarter 2019 to June quarter 2020 was -1. Summary.