1301.0 - Year Book Australia, 2007
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2007
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Prices are a key factor in the operation of an economy. Price indexes, which provide summary measures of the movements in various categories of prices, are used extensively to analyse and monitor price behaviour and to adjust government payments such as pensions.
This chapter provides an outline of the consumer price index, house price indexes, the labour price index, producer price indexes, and the international trade price indexes, and their underlying concepts and methodology.