6401.0 - Consumer Price Index, Australia, Dec 2014 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/01/2015
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At the All groups level, the CPI rose in all eight capital cities during the December quarter 2014.
The alcohol and tobacco group (+1.7%) was the most significant positive contributor to the All groups quarterly movement due to the rise in tobacco, following an increase in excise tax from 1 September 2014. The group recorded rises in all eight capital cities with Canberra (+2.5%) recording the largest movement.
The recreation and culture group (+1.0%) was the second most significant contributor to the All groups quarterly movement, recording rises in all eight capital cities. This was driven by domestic holiday travel and accommodation as it entered the peak holiday season. The largest movement was recorded in Sydney (+1.4%).
The most significant negative contributor to the quarterly movement was the transport group (-2.2%). This was driven by falls in automotive fuel (-6.8%) across all eight capital cities. The largest fall was recorded in Perth (-2.9%).
The health group was the second largest negative contributor to the All groups quarterly movement (-0.9%) with falls in all eight capital cities. This was driven by pharmaceutical products as a greater proportion of consumers exceeded the Pharmaceutical Benefit Scheme (PBS) safety net. The largest falls were recorded in Canberra (-1.2%) and Brisbane (-1.2%).
Over the twelve months to the December quarter 2014, the All groups CPI rose in all eight capital cities with the largest positive movements recorded in Brisbane (+2.0%) and Perth (+2.0%). Hobart (+1.1%) recorded the smallest rise over the twelve months to the December quarter 2014.
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