Australia - Consumer Price Index (CPI)

Australia: Consumer Price Index (CPI)

Mnemonic	CPI.IAUS
Unit	2011-12=100, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	0.86 %
Data	2020 Q4	117.2
	2020 Q3	116.2

Series Information

Source	Australian Bureau of Statistics (ABS)
Release	Consumer Price Index
Frequency	Quarterly
Start Date	9/30/1948
End Date	12/31/2020

Australia: Price

	Reference	Last	Previous	Units	Frequency
Consumer Price Index (CPI)	2020 Q4	117.2	116.2	2011-12=100, NSA	Quarterly
Producer Price Index (PPI)	2020 Q4	112.3	111.7	2011-12=100, NSA	Quarterly

Release Information

Description

In Australia, Consumer Price Index statistics are compiled by the Australian Bureau of Statistics.

The dataset presents the movements in retail prices of goods and services commonly purchased by metropolitan households. The goods and services are divided into the following groups: food; alcohol and tobacco; clothing and footwear; housing; household contents and services; health; transportation; communication; recreation; education; and financial and insurance services.

The data is updated quarterly.

Methodology

The Consumer Price Index (CPI) measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households). This 'basket' covers a wide range of goods and services, arranged in the following eleven groups:

Food
Alcohol and tobacco
Clothing and footwear
Housing
Household contents and services
Health
Transportation
Communication
Recreation
Education
Financial and insurance services.

Revisions

CPI original indexes are revised only in exceptional circumstances, such as to correct a significant error. Seasonal adjustment factors are calculated using the history of price changes up to the current quarter CPI and are revised each quarter.

Notes

For further explanatory notes, please go to: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/6401.0Explanatory%20Notes1Dec%202008?OpenDocument