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Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Transportation (3.7%), Clothing and Footwear (3.6%), and Financial and Insurance Services (3.2%). The largest decreases in prices from the previous quarter were for Food (-0.4%) and Recreation (-0.4%).
WAGE PRICE INDEX
The wage price index for all employee jobs in South Australia increased by 0.6% (in original terms) from the March quarter 2008 to the June quarter 2008. This was less than the increase nationally (0.9%) over this period.
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 0.4% in the June quarter 2008. Over this period, the price index for the weighted average of eight capital cities decreased by 0.3%.
Over the year to the June quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 16.2%, while the weighted average of eight capital cities increased 8.2%. House prices rose more in Adelaide than in any other capital city over the year to the June quarter 2008.
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