Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
6469.0 - Outcome of the 16th Series Australian Consumer Price Index Review, Dec 2010  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/12/2010  First Issue
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product  

BACKGROUND

3.1 The CPI is released on a quarterly basis, on the fourth Wednesday following the reference quarter. The frequency of Australian CPI releases was investigated as part of the review to gauge if the quarterly periodicity still meets Australia's needs.

3.2 Australia is one of only two Organisation for Economic Co-operation and Development (OECD) countries, and the only G-20 (Group of Twenty Finance Ministers and Central Bank Governors) country that does not produce a monthly CPI.

3.3 Australia is a subscriber to the International Monetary Fund (IMF) Special Data Dissemination Standards (SDDS) which sets guidelines for the compilation of statistics for those countries which wish to access international capital markets. The standards recommend that the CPI should be produced monthly. Australia exercises a flexibility option to maintain a quarterly periodicity for the CPI. International Labour Organization (ILO) guidelines also recommend monthly compilation, but allow the index to be produced less frequently if the country lacks the resources or if there is negligible user demand (ILO, 2004).





Previous PageNext Page


Bookmark and Share. Opens in a new window


Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.