6467.0 - Pensioner and Beneficiary Living Cost Index, June 2009
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/08/2009 First Issue
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New Pensioner and Beneficiary Living Cost Index released today: ABS
Today sees the release of the first Pensioner and Beneficiary Living Cost Index (PBLCI) (cat. no. 6467.0) from the Australian Bureau of Statistics (ABS).
The PBLCI shows a 0.1% increase in prices compared with the 0.5% increase reported in the CPI for the June quarter 2009. The PBLCI showed a 0.9% increase for the March quarter 2009, compared with 0.1% increase for the CPI.
As stated in the PBLCI Information Paper (cat. no. 6466.0.0), released on 30 June 2009, the PBLCI will provide an alternate measure of price change to better reflect changes in living costs as they affect pensioners and other households receiving income from the government.
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