6401.0.60.006 - Information Paper: An Update on the Annual Re-weighting of the Australian CPI and Living Cost Indexes, 2018  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 14/08/2018  First Issue
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

CONCLUSION


4.1 The “Enhancing Australia's CPI” program has provided an opportunity for the ABS to re-examine the frequency of updates to the CPI and SLCIs expenditure weights.

4.2 The ABS has conducted detailed investigations into increasing the frequency of EC weights updates by using HFCE data in the inter-HES years for both the CPI and SLCIs. These investigations address the various challenges in using HFCE data for these purposes.

4.3 The ABS has now completed further investigations, and provided empirical results that support the annual re-weight of the CPI and SLCIs in the inter-HES years using HFCE.

4.4 The ABS will update the Australian CPI and SLCIs expenditure weights using HFCE data in the inter-HES years, starting December quarter 2018.

4.5 User and stakeholder comments or feedback relating to this publication are welcome, and can be directed to details provided in the Preface section.