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Adelaide's largest percentage increases in prices from the previous quarter were in the areas of Education (5.8%), Health (2.7%) and Food (2.1%). The largest decreases in prices from the previous quarter were for Financial and insurance services (-5.7%) and Clothing and footwear (-3.6%).
WAGE PRICE INDEX
The wage price index for all employee jobs in South Australia increased by 1.4% (in original terms) from the September quarter 2008 to the December quarter 2008. This was greater 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) increased 0.3% in the December quarter 2008. The only other cities in which the House Price Index increased between the September Quarter 2008 and the December Quarter 2008 were Darwin (1.6%) and Canberra (0.7%). The price index for the weighted average of the eight capital cities decreased by 0.8% over this period.
Over the year to the December quarter 2008, the preliminary estimates show the price index for established houses for Adelaide rose 2.0%, while the weighted average of the eight capital cities decreased 3.3%.
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