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1367.0 - State and Territory Statistical Indicators, 2012  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 27/04/2012  Final
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CONSUMER PRICE INDEX


Graph Image for CPI (All Groups), Annual Change, Sydney and All Capital Cities


Graph Image for CPI Groups - Change from Mar Qtr 2011 to Mar Qtr 2012 (Sydney)



In Sydney, over the 12 months to the March quarter 2012:
  • the increase in the Consumer Price Index (CPI) was 1.6%, equal to the weighted average for the eight capital cities
  • the largest price increase was for Education, which increased by 5.1%. Education recorded rises in all capital cities, due to increases in tuition fees and the addition of an IT levy and other non-tuition fees.
  • all other groups showed an increase, except for Food and non-alcoholic beverages, with a decrease of 3.1% and Recreation and culture, with a decrease of 1.2%.


In Sydney, during the March quarter 2012:
  • the CPI increased by 0.1%, equal to the weighted average of the eight capital cities.


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What is the Consumer Price Index ?

The Consumer Price Index (CPI) is based on the price of a "basket" of goods and services and is used to measure change in this price over time. The content of the basket is determined through the ABS Household Expenditure Survey.

The CPI measures price change relative to the base year 1989-90, for which the index figure is set to 100. Prices are collected each quarter from selected retail outlets and through monitoring marked prices and advertised "special offers".



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