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Adelaide's CPI increased by 1.4% in the year ending September quarter 2009, compared with a 1.3% rise for the weighted average of the eight capital cities.
Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Finance and insurance services (2.7%), Housing (2.1%) and Transportation (2.0%). The only decreases in prices from the previous quarter were for Clothing and footwear (-1.4%) and Health (-0.9%).
WAGE PRICE INDEX
The wage price index for all employee jobs in South Australia increased by 0.7% (in original terms) between the June and September quarters 2009. This was less than the national increase of 0.9% over the same period.
WAGE PRICE INDEX QUARTERLY CHANGES, Total hourly rates of pay excluding bonuses - Original: South Australia
HOUSE PRICE INDEX
Preliminary estimates show that, for the second consecutive quarter, the price index for established houses for Adelaide (in original terms) has increased with the result for the September quarter 2009 1.7% higher than the previous quarter. Price rises were also recorded in all other capital cities between the June and September quarters 2009 resulting in an increase in the price index for the weighted average of the eight capital cities of 4.2% over this period. Adelaide (1.7%) and Hobart (1.8%) were the capitals with the smallest increases whilst Melbourne (4.7%) recorded the largest increase.
Over the year to the September quarter 2009, preliminary estimates show the price index for established houses for Adelaide rose 3.7%, while the weighted average of the eight capital cities increased 6.2%. Darwin (12.3%) and Melbourne (8.4%) recorded the largest increases whilst Adelaide's increase of 3.7% was the lowest of all the capital cities.
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