1345.4 - SA Stats, Aug 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/08/2008   
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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 1.3% in the June quarter 2008 while the weighted average of eight capital cities rose by 1.5% in the quarter. Adelaide's CPI increased by 4.6% through the year to the June quarter 2008, compared with a 4.5% rise in the weighted average of eight capital cities.

Consumer Price Index - All Groups, Quarterly change
Graph: Consumer Price Index - All Groups, Quarterly change


Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Transportation (3.7%), Clothing and Footwear (3.6%), and Financial and Insurance Services (3.2%). The largest decreases in prices from the previous quarter were for Food (-0.4%) and Recreation (-0.4%).

CPI Groups(a), Quarterly change, Adelaide - June 2008 quarter
Graph: CPI Groups(a), Quarterly change,  Adelaide—June 2008 quarter



WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 0.6% (in original terms) from the March quarter 2008 to the June quarter 2008. This was less than the increase nationally (0.9%) over this period.

Wage Price Index quarterly changes, Total hourly rates of pay excluding bonuses, Original, South Australia
Graph: Wage Price Index quarterly changes, Total hourly rates of pay excluding bonuses, Original, South Australia



HOUSE PRICE INDEX

Preliminary estimates show that the price index for established houses for Adelaide (in original terms) increased 0.4% in the June quarter 2008. Over this period, the price index for the weighted average of eight capital cities decreased by 0.3%.

Over the year to the June quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 16.2%, while the weighted average of eight capital cities increased 8.2%. House prices rose more in Adelaide than in any other capital city over the year to the June quarter 2008.

Established house prices, Quarterly change, South Australia
Graph: Established house prices, Quarterly change, South Australia