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6401.0 - Consumer Price Index, Australia, Jun 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 23/07/2008   
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JUNE KEY FIGURES

Mar Qtr 2008 to Jun Qtr 2008
Jun Qtr 2007 to Jun Qtr 2008
Weighted average of eight capital cities
% change
% change

Food
–0.1
3.9
Alcohol and tobacco
1.9
4.8
Clothing and footwear
3.0
1.1
Housing
1.1
6.0
Household contents and services
1.6
–0.6
Health
2.4
4.8
Transportation
3.1
6.9
Communication
0.1
0.0
Recreation
–0.2
1.7
Education
0.0
4.2
Financial and insurance services
3.8
9.9
All groups
1.5
4.5
All groups excluding Housing and Financial and insurance services
1.3
3.3


All Groups, Quarterly change
Graph: All Groups, Quarterly change

Contribution to quarterly change, June quarter 2008
Graph: Contribution to quarterly change, June quarter 2008—December Quarter 2007




JUNE KEY POINTS


THE ALL GROUPS CPI
  • rose 1.5% in the June quarter 2008, compared with a rise of 1.3% in the March quarter.
  • rose 4.5% through the year to June quarter 2008. Excluding the period associated with the introduction of the GST, this is the largest annual change since December quarter 1995.


OVERVIEW OF CPI MOVEMENTS
  • The most significant price rises this quarter were for deposit and loan facilities (+9.5%), automotive fuel (+8.7%), rents (+2.2%), hospital and medical services (+4.0%), house purchase (+1.0%), furniture (+3.1%), and spirits (+6.1%).
  • The most significant offsetting price decreases were for other financial services (–2.9%), fruit (–7.4%), vegetables (–6.5%), domestic holiday travel and accommodation (–2.0%) and electricity (–1.4%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
September 2008 22 October 2008
December 2008 28 January 2009
March 2009 22 April 2009
June 2009 22 July 2009



ROUNDING

Any discrepancies between totals and sums of components in this publication are due to rounding.


CHANGES IN THIS ISSUE

An article describing the conceptual and methodological issues relevant to the construction of price indexes for deposit and loan facilities in the CPI can be found in the Appendix on page 34 of this issue.


ABBREVIATIONS

ABS Australian Bureau of Statistics

CPI Consumer Price Index


LINKS TO OTHER PARTS OF THIS RELEASE ON THE WEBSITE

To access the 'Main Contributors to Change' data (on the website) use the link ' Main Contributors to Change' as shown below.

To access the 'Capital Cities Comparison' data (on the website) use the link 'Capital Cities Comparison' as shown below.

The standard way to access links to other parts of this or any release on the website is by selecting the required link from the links list in the box at the top left hand side of the 'Summary' page.

Diagram: Links to Other Parts of This Release on the Website


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Lee Taylor on Canberra (02) 6252 6251.


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