PRICE INDEXES


CONTENTS

Consumer price index

Wage price index

House price index


CONSUMER PRICE INDEX

The all groups consumer price index (CPI) for Adelaide rose 0.9% during the September quarter 2010, while the weighted average of the eight capital cities increased by 0.7% in the same period. Adelaide's CPI increased by 2.6% in the year ending September quarter 2010, compared with a 2.8% rise in the weighted average of the eight capital cities.

Adelaide's largest percentage increases in prices from the previous quarter were for Alcohol and tobacco (3.3%) and Housing (2.4%). The largest decreases in prices from the previous quarter were for Transportation (1.2%) and Health (0.6%).

WAGE PRICE INDEX

The wage price index for all employee jobs in South Australia increased by 1.2% (in original terms) between the June and September quarters 2010. This was slightly lower than the national increase of 1.4% over the same period.

HOUSE PRICE INDEX

Preliminary estimates show the price index for established houses for Adelaide (in original terms) has fallen by 1.4% in the September quarter 2010; the first quarterly decrease since March 2009. The price index rises recorded in Melbourne (2.7%), Perth (0.4%) and Darwin (0.3%), countered the decreases recorded in all other capitals and resulted in a slight increase in the price index for the weighted average of the eight capital cities of 0.1% in the September quarter 2010. Brisbane (2.1%) recorded the largest decrease of all the capital cities.

In the 12 months to the September quarter 2010, preliminary estimates show the price index for established houses for Adelaide rose 6.3%, while the weighted average of the eight capital cities increased 11.5%. Melbourne (18.8%), Sydney (11.0%) and Canberra (11.0%) recorded the largest increases whilst Brisbane's increase of 3.0% was the lowest of all the capital cities.