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Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Housing (2.8%), Alcohol and tobacco (2.0%), Food (1.7%), Recreation (1.7%) and Financial and insurance services (1.7%). The largest decreases in prices from the previous quarter were for Clothing and footwear (-1.8%) and Household contents and services (-0.6%).
WAGE PRICE INDEX
The wage price index for all employee jobs in South Australia increased by 1.1% (in original terms) from the June quarter 2008 to the September quarter 2008. This was less than the increase nationally (1.2%) 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) decreased 0.1% in the September quarter 2008. Over this period, the price index for the weighted average of the eight capital cities decreased by 1.8%.
Over the year to the September quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 9.7%, while the weighted average of the eight capital cities increased 2.8%. House prices increased faster in Adelaide than in any other capital city over the year to the September quarter 2008.
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