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Consumer Price Index December Quarter

Posted on : Friday, 27 January 2017

The latest Consumer Price Index data (December Quarter 2016) for the  All Groups CPI:

 

  • Rose  0.5% in the December Quarter - compared with a rise of 0.7% in the Sept. Quarter;

 

  • Rose  1.5% through the last 12 months, compared with a rise of 1.3% through the year to the September Quarter 2016.

 

OVERVIEW OF CPI MOVEMENTS

 

  • The most significant price rises in the December Quarter, were for tobacco (+7.4%) (due mainly to the effects of the federal excise tax increase effective 1.09.16), automotive fuel (+6.7%), domestic holiday travel and accommodation (+5.5%),

 

  • The most significant offsetting price falls in the December Quarter were international holiday travel (-2.6%), accessories (-5.1%) and waters, soft drinks and juices (-3.2%).

 

  • The food and non-alcoholic beverages group retained the most significant positive contributor to the All groups quarterly movement with rises in all eight capital cities (+2.8%), followed by the transport group (+1.7%).

 

  • Over the last 12 months to December quarter 2016, the All Groups CPI had risen in all capital cities except Darwin with Sydney and Canberra (+1.8%) with the largest positive movement. Darwin was -0.4%.

 

CAPITAL CITY COMPARISON- Percentage Change: (a) Previous Financial Year; (b) Previous Quarter of Previous Year:

Period

Sydney

Melbourne

Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

ALL

(a)     Percentage Change from Previous Financial Year:

2012-13

2.6%

2.2%

2.0%

2.1%

2.2%

1.2%

3.1%

1.9%

2.3%

2013-14

2.5%

2.7%

2.8%

2.5%

3.0%

2.5%

3.7%

2.3%

2.6%

2014-15

2.0%

1.4%

1.8%

1.5%

1.8%

1.2%

1.4%

1.1%

1.7%

2015-16

1.5%

1.6%

1.6%

0.8%

0.9%

1.3%

0.1%

0.8%

1.4%

(b)    Percentage Change from corresponding Quarter of previous year

2013

 

 

 

 

 

 

 

 

 

June

2.6

2.2

2.0

2.1

2.5

1.8

3.9

2.2

2.4

Sept.

2.1

2.4

2.2

2.0

2.6

2.0

3.4

1.7

2.2

Dec.

2.6

2.7

2.6

2.3

2.9

2.6

4.4

2.3

2.7

2014

 

 

 

 

 

 

 

 

 

March

2.8%

2.8%

3.1%

2.9%

3.1%

2.8%

3.6%

2.6%

2.9%

June

2.8%

3.2%

3.2%

3.1%

3.3%

2.8%

3.3%

2.2%

3.0%

Sept.

2.2%

2.0%

2.6%

2.1%

2.6%

1.9%

2.7%

2.0%

2.3%

Dec.

1.7%

1.4%

2.0%

1.7%

2.0%

1.1%

1.9%

1.2%

1.7%

2015

 

 

 

 

 

 

 

 

 

March

1.6%

1.0%

1.4%

1.1%

1.4%

0.9%

0.8%

0.6%

1.3%

June

2.2%

1.1%

1.5%

1.2%

1.2%

0.6%

0.2%

0.8%

1.5%

Sept.

1.9%

1.4%

1.5%

1.1%

1.1%

1.1%

0.4%

0.6%

1.5%

Dec.

2.0%

1.9%

1.7%

1.0%

1.5%

1.8%

0.5%

0.7%

1.7%

2016

 

March

1.3%

1.7%

1.7%

0.7%

0.7%

1.3%

-0.3%

1.0%

1.3%

June

0.9%

1.4%

1.5%

0.7%

0.5%

1.2%

0.0%

0.8%

1.0%

Sept.

1.7%

1.4%

1.5%

1.2%

0.5%

1.3%

0.0%

1.4%

1.3%

Dec.

1.8%

1.5%

1.6%

1.3%

0.4%

1.3%

-0.4%

1,8%

1.5%

* Catalogue 6401.0- Australian Bureau of Statistics (25th January 2016)


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