MARCH KEY FIGURES
Dec Qtr 2013 to Mar Qtr 2014
Mar Qtr 2013 to Mar Qtr 2014
|Weighted average of eight capital cities |
|All groups CPI |
|Food and non-alcoholic beverages |
|Alcohol and tobacco |
|Clothing and footwear |
|Furnishings, household equipment and services |
|Recreation and culture |
|Insurance and financial services |
|CPI analytical series |
|All groups CPI, seasonally adjusted |
|Trimmed mean |
|Weighted median |
MARCH KEY POINTS
THE ALL GROUPS CPI
All Groups CPI,
Contribution to quarterly change
OVERVIEW OF CPI MOVEMENTS
- rose 0.6% in the March quarter 2014, compared with a rise of 0.8% in the December quarter 2013.
- rose 2.9% through the year to the March quarter 2014, compared with a rise of 2.7% through the year to the December quarter 2013.
- The most significant price rises this quarter were for tobacco (+6.7%), automotive fuel (+4.1%), secondary education (+6.0%), tertiary education (+4.3%), medical and hospital services (+1.9%) and pharmaceutical products (+6.1%).
- These rises were partially offset by falls in furniture (-4.3%), maintenance and repair of motor vehicles (-3.3%), international holiday travel and accommodation (-2.4%) and domestic holiday travel and accommodation (-2.4%).
CHANGES IN THIS ISSUE
|ISSUE (QUARTER) ||Release Date|
|June 2014 ||23 July 2014|
|September 2014 ||22 October 2014|
|December 2014 ||28 January 2015|
|March 2015 ||22 April 2015|
For the quarter beginning 1 January 2014, the ABS has replaced field collected prices with prices derived from transactions data for a subset of products within the total CPI sample where analysis has shown transactions data provides a reliable measure of product prices. The price movement in the March quarter 2014 for this subset of products was calculated using historical and current quarter transactions data. A detailed description of the use of transactions data to compile the Australian CPI can be found on the ABS website in the September quarter 2013 issue of Consumer Price Index, Australia
, ABS cat.no. 6401.0.
Any discrepancies between totals and sums of components in this publication are due to rounding.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.