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6401.0 - Consumer Price Index, Australia, Jun 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/07/2012   
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From the September quarter 2012, all index numbers will be calculated on a new index reference period of 2011-12. This will result in the index numbers for each index series being reset to 100.0 for the financial year 2011-12. Period-to-period percentage changes may differ slightly to those previously published due to rounding and the re-referencing. These differences do not constitute a revision.


JUNE KEY FIGURES

Mar Qtr 2012 to Jun Qtr 2012
Jun Qtr 2011 to Jun Qtr 2012
Weighted average of eight capital cities
% change
% change

All groups CPI
0.5
1.2
Food and non-alcoholic beverages
0.6
-3.2
Alcohol and tobacco
1.0
3.8
Clothing and footwear
1.5
0.6
Housing
0.4
3.4
Furnishings, household equipment and services
1.5
0.7
Health
1.5
3.6
Transport
0.9
2.1
Communication
-0.3
0.9
Recreation and culture
-1.3
-1.6
Education
0.0
6.1
Insurance and financial services
0.5
2.9
CPI analytical series
All groups CPI, seasonally adjusted
0.6
1.2
Trimmed mean
0.5
2.0
Weighted median
0.7
1.9


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

Contribution to quarterly change
Graph: Contribution to quarterly change




JUNE KEY POINTS


THE ALL GROUPS CPI
  • rose 0.5% in the June quarter 2012, compared with a rise of 0.1% in the March quarter 2012.
  • rose 1.2% through the year to the June quarter 2012, compared with a rise of 1.6% through the year to the March quarter 2012.


OVERVIEW OF CPI MOVEMENTS
  • The most significant price rises this quarter were for medical and hospital services (+2.8%), rents (+1.1%), vegetables (+5.2%) and furniture (+4.5%).
  • The most significant price falls this quarter were for domestic holiday travel and accommodation (-4.0%), audio, visual and computing equipment (-3.8%) and cakes and biscuits (-2.8%).


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
Sept 2012 24 October 2012
December 2012 23 January 2013
March 2013 24 April 2013
June 2013 24 July 2013



CHANGES IN THIS ISSUE

From the June quarter 2012, the measurement of price change for prescribed medicines covered by the Pharmaceutical Benefits Scheme (PBS) has changed. The calculation of the PBS safety net proportions has been improved to correct an identified anomaly. This has led to some revisions in the seasonally adjusted series and may lead to some changes in the regular price change pattern previously observed for this expenditure class. The change has been made to ensure the best measure of price change of pharmaceutical products over time.


CHANGES IN FUTURE RELEASES

From the September quarter 2012, all index numbers will be calculated on a new index reference period of 2011-12. This will result in the index numbers for each index series being reset to 100.0 for the financial year 2011-12. Period-to-period percentage changes may differ slightly to those previously published due to rounding and the re-referencing. These differences do not constitute a revision. Further information on re-referencing can be found in Chapter 12 of Information Paper: Consumer Price Index Concepts, Sources and Methods, 2011 (cat. no. 6461.0).


ROUNDING

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


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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