1345.4 - SA Stats, Feb 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2009   
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PRICE INDEXES


CONTENTS

Consumer price index

Wage price index

House price index


CONSUMER PRICE INDEX

The all groups consumer price index (CPI) for Adelaide decreased by 0.3% in the December quarter 2008 while the weighted average of the eight capital cities also decreased by 0.3% in that quarter. Adelaide's CPI increased by 3.8% in the year ending December quarter 2008, compared with a 3.7% rise in the weighted average of the eight capital cities.

CONSUMER PRICE INDEX - ALL GROUPS, Quarterly change
Graph: CONSUMER PRICE INDEX - ALL GROUPS, Quarterly change


Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Alcohol and tobacco (2.2%), Food (1.8%), Housing (1.0%) and Household contents and services (1.0%). The largest decreases in prices from the previous quarter were for Transportation (-7.4%) and Health (-1.0%).

CPI GROUPS, Quarterly change, Adelaide - December Quarter 2008
Graph: CPI GROUPS, Quarterly change,  Adelaide—December Quarter 2008



WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 1.4% (in original terms) from the September quarter 2008 to the December quarter 2008. This was greater than the increase nationally (1.2%) over this period.

WAGE PRICE INDEX QUARTERLY CHANGES, Total hourly rates of pay excluding bonuses, Original, South Australia
Graph: WAGE PRICE INDEX QUARTERLY CHANGES, Total hourly rates of pay excluding bonuses, Original, South Australia



HOUSE PRICE INDEX

Preliminary estimates show that the price index for established houses for Adelaide (in original terms) increased 0.3% in the December quarter 2008. The only other cities in which the House Price Index increased between the September Quarter 2008 and the December Quarter 2008 were Darwin (1.6%) and Canberra (0.7%). The price index for the weighted average of the eight capital cities decreased by 0.8% over this period.

Over the year to the December quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 2.0%, while the weighted average of the eight capital cities decreased 3.3%.

ESTABLISHED HOUSE PRICES, Quarterly change, Adelaide
Graph: ESTABLISHED HOUSE PRICES, Quarterly change, Adelaide