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6413.0.55.001 - Experimental Price Indexes for Financial Services, Dec 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/01/2005   
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ABOUT THESE STATISTICS

This publication provides the next update of the experimental price indexes for financial services which were published in ABS Cat. no. 6413.0 Information Paper: Experimental Price Indexes for Financial Services, 1998 to 2003. Latest December Quarter 2004 has been added to the time series.


NOTES


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, or Val Tot on Canberra 02 6252 6424.


ANALYSES AND COMMENTS


EXPERIMENTAL PRICE INDEXES FOR FINANCIAL SERVICES

  • rose 0.2% in the December quarter 2004.
  • rose 1.3% between the December quarters 2003 and 2004.




INDEX NUMBERS, Weighted average of eight capital cities
Graph: Index Numbers, Weighted average of eight capital cities

(a) CPI converted to a base of September quarter 1998 = 100.0

TABLE 1. FINANCIAL SERVICES, Index Numbers(a)
Weighted
average of
eight capital
Period
Sydney
Melbourne
Brisbane
Adelaide
Perth
Hobart
Darwin
Canberra
cities

2001-02
109.3
110.0
114.5
108.8
112.9
110.1
110.7
109.9
110.4
2002-03
112.5
115.0
120.3
114.0
118.7
116.2
116.5
116.2
115.0
2003-04
117.6
119.5
126.1
118.5
124.8
122.1
122.1
121.4
120.0

2003
December
116.6
118.6
124.8
117.3
122.9
120.8
120.7
120.7
118.9
2004
March
118.7
120.5
127.6
119.7
125.3
123.4
123.4
122.6
121.1
June
119.3
120.5
128.1
120.2
128.7
124.4
124.1
122.4
121.8
September
116.3
120.1
126.5
119.4
127.7
122.5
123.1
122.4
120.2
December
117.0
120.3
127.4
119.7
126.7
123.7
124.1
121.2
120.5

(a) Base of each index: September Quarter 1998 = 100.0

TABLE 2. FINANCIAL SERVICES, Percentage changes

Weighted
average of
eight capital
Period
Sydney
Melbourne
Brisbane
Adelaide
Perth
Hobart
Darwin
Canberra
cities


PERCENTAGE CHANGE (from previous financial year)

2001-02
-2.8
-1.5
0.7
-2.7
-1.7
-2.3
-2.0
-2.3
-2.0
2002-03
2.9
4.5
5.1
4.8
5.1
5.5
5.2
5.7
4.2
2003-04
4.5
3.9
4.8
3.9
5.1
5.1
4.8
4.5
4.3

PERCENTAGE CHANGE (from corresponding quarter of previous year)

2003
December
4.8
4.2
4.9
4.0
4.2
5.4
4.8
4.9
4.5
2004
March
5.2
4.5
5.7
4.7
4.9
5.7
5.5
5.0
5.0
June
3.7
2.7
4.3
3.4
6.1
4.5
4.3
2.8
3.7
September
0.6
1.6
2.3
2.2
4.6
2.3
2.6
2.1
1.7
December
0.3
1.4
2.1
2.0
3.1
2.4
2.8
0.4
1.3

PERCENTAGE CHANGE (from previous quarter)

2003
December
0.9
0.3
0.9
0.4
0.7
0.8
0.6
0.7
0.6
2004
March
1.8
1.6
2.2
2.0
2.0
2.2
2.2
1.6
1.9
June
0.5
0.0
0.4
0.4
2.7
0.8
0.6
-0.2
0.6
September
-2.5
-0.3
-1.2
-0.7
-0.8
-1.5
-0.8
0.0
-1.3
December
0.6
0.2
0.7
0.3
-0.8
1.0
0.8
-1.0
0.2




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